Statutory demand includes 6.5 yo CCJ

fatbelly

If you are not a property owner then one option is to call their bluff and see if they will lodge a petition against you.

If you were considering bankruptcy anyway it will save you the £680 fee.

Issuing a SD costs them nothing but the petition will cost them £1000 +, so they will need to be pretty sure that a good chunk is coming their way. If you have any other debts then those are treated equally with theirs, and if the OR runs up any fees then those are taken ahead of the creditors. It could be that even with 3 years of Income Payments, they get nothing and the debt is written off.

sourcrates

There seems to be a lot of conflicting advice on this thread, so just to clarify, county court judgements do not become statute barred, ever.


The only exception is if no enforcement action has been taken in the previous 6 years, and they then wish to enforce it against you, in those circumstances, they would need the courts permission to do so.

This situation does not apply in your circumstances, as you have been paying the judgement debt, so the 6 year limit is completely irrelevant to you, as enforcement action has already been taken.

Your efforts now need to be concentrated on how to respond to the SD.

fatbelly

sourcrates wrote: »

There seems to be a lot of conflicting advice on this thread, so just to clarify, county court judgements do not become statute barred, ever.


The only exception is if no enforcement action has been taken in the previous 6 years, and they then wish to enforce it against you, in those circumstances, they would need the courts permission to do so.

This situation does not apply in your circumstances, as you have been paying the judgement debt, so the 6 year limit is completely irrelevant to you, as enforcement action has already been taken.

Your efforts now need to be concentrated on how to respond to the SD.

Or if to respond.......

sourcrates

fatbelly wrote: »

Or if to respond.......

Yes exactly, if Bankruptcy would be no barrier to you, then let them waste their money.
To be honest, one form of insolvency is pretty much the same as the others, except they go a little bit deeper into your affairs in bankruptcy.


You appear on the insolvency register until discharged, there are certain jobs you cannot do, and of course if you own a house its not the option for you, but otherwise life continues pretty much as before, the days of shame and stigma have long gone, its just a means to an end nowadays for most people.