CCJ on a loan

Tamrin

Hi my partner had a loan from Barclays Partner Finance which he now has a ccj against him, could we still offer a full and final settlement if so what percentage would it be percentage of the original loan or of the loan amount now with charges and interest added. He has not paid anything. Thanks in advance.

Tamrin

Can anyone help please? I just want this settled. we would like to be able to move house soon

downnotout

If the ccj is over one month old, then the ccj will stay on file for six years from the date of when the ccj was granted, regardless of if you pay a full and final settlement.

thatsean

No, it's a court order; you have to pay the amount stated. with respect the ship has sailed for making reduced offers.

Do you have any joint accounts? If so you'll need to contact a specialist broker re: mortage.

As said, this is on your partners file for six years (and liked to yours if there are join accounts)

fermi

Tamrin wrote: »

Hi my partner had a loan from Barclays Partner Finance which he now has a ccj against him, could we still offer a full and final settlement if so what percentage would it be percentage of the original loan or of the loan amount now with charges and interest added. He has not paid anything. Thanks in advance.

You can still agree a F&F on a CCJ. You just need to get agreement in writing that the creditor would consider the deb satisfied in full and is prepared to allow the court to record it as settled.

Obviously, likely to be harder negotiation that a debt without a CCJ, but on the other hand CCJ or not, if the creditor will never get the full amount in a reasonable time by normal means then it may be in their interest to accept.