Is this correct out of interest.. Re CCJ's

Rrushi_Shqiptar

Wonder if Tixy or Fermi can help or anyone else for that matter:D

I have 2 CCJ's due to disappear in a few months. I have settled them both in full yrs ago and noticed that they are still showing as outstanding on my files so outbof pride I wanted them to be shown as satisfied.
I followed the steps as given in on the forums thank you :T thhis morning I had a phone call from the county court today re the CCJ and during the conversation I was informed that if a CCJ is part of a bankruptcy it will not be shown as satisfied. I was wondering if this is correct

I actually contacted the creditor Link Financial after the call and they actually confirmed I had a zero balance on my account and all was settled, they will send me a letter to that effect asap. So I can actually pass this onto the courts and get the certs to update my files. I don't think much will happen to my rating as I have a bankruptcy showing until 12/2015 but its a matter of pride :rotfl:

fermi

Strictly, under the rules of the register, that is correct.

http://www.legislation.gov.uk/uksi/2005/3595/made

(3) Where it comes to the attention of the appropriate officer that the debt has been satisfied more than one month from the date of the judgment, that officer shall send a request to the Registrar to endorse the entry as to the satisfaction of the debt.

and

“satisfied”, in relation to a debt, means that the debt has been paid in full, and “satisfaction” is to be construed accordingly;

Now when included in a bankruptcy, it has NOT been paid in full, so if they stick to the letter of the regulations it cannot be marked as satisfied.

Rrushi_Shqiptar

fermi wrote: »

Strictly, under the rules of the register, that is correct.

http://www.legislation.gov.uk/uksi/2005/3595/made



and



Now when included in a bankruptcy, it has NOT been paid in full, so if they stick to the letter of the regulations it cannot be marked as satisfied.

Thank you for the reply, luckily I have paid these in full, in fact more that the original Judgement (with interest added)
That's a point can they charge interest on a CCJ?

So I will be getting the certs as they have been paid in full even though they were part of my bankruptcy.

Thrugelmir

Rrushi_Shqiptar wrote: »

That's a point can they charge interest on a CCJ?

What did the contract terms and conditions say in relation to the charging of interest ?

fermi

If a credit agreement then see: https://www.nationaldebtline.org/EW/factsheets/Pages/18%20EW%20County%20court%20-%20interest%20charges/Default.aspx