CCJ Question

hobbird

xlnc99 wrote: »

no its nothing i can contest. Its defo a warranted CCJ. Its for £400 and was issued in 2015. I half one half years to wait it off till it drops off but i dont like leaving debts unpaid so its more a moral reason then anything else otherwise i would wait till it drops

As you have quite a number of CCJs against you (based on your earlier posts I have read in other threads), and you are clearly unable to pay them within the 28 days allowed to prevent them appearing on any credit report etc , and accepting you "dont like leaving debts unpaid" (:cool:), then you could make an application for an administration order (form N92) which would allow you to make payments to the court.

That will also keep all the creditors listed off your back whilst you are repaying them in accordance with the administration order (if granted).

xlnc99

hobbird wrote: »

As you have quite a number of CCJs against you (based on your earlier posts I have read in other threads), and you are clearly unable to pay them within the 28 days allowed to prevent them appearing on any credit report etc , and accepting you "dont like leaving debts unpaid" (:cool:), then you could make an application for an administration order (form N92) which would allow you to make payments to the court.

That will also keep all the creditors listed off your back whilst you are repaying them in accordance with the administration order (if granted).

Oh really? So i can pay direct to the court. What is this application and the purpose of it? I was under the impression you are not allowd to pay to the court

boo_star

xlnc99 wrote: »

Oh really? So i can pay direct to the court. What is this application and the purpose of it? I was under the impression you are not allowd to pay to the court

Stop playing dumb. As if you can't Google "N92"

As Alexa would say, "here you go"

https://www.gov.uk/options-for-paying-off-your-debts/administration-orders

[Deleted User]

boo_star wrote: »

Stop playing dumb. As if you can't Google "N92"

As Alexa would say, "here you go"

https://www.gov.uk/options-for-paying-off-your-debts/administration-orders

But that means doing work and doing things to actually correct problems rather than looking for loopholes out of them.

xlnc99

I just read the link. So the court takes a fee for every monthly payment for every creditor....

erm no thanks

boo_star

xlnc99 wrote: »

I just read the link. So the court takes a fee for every monthly payment for every creditor....

erm no thanks

And your other option is?

Not paying it at all?

xlnc99

my other option is to try and track them down somehow. I am not paying the court a fee every single month for every single creditor.

They make more then enough money as it is

boo_star

xlnc99 wrote: »

my other option is to try and track them down somehow. I am not paying the court a fee every single month for every single creditor.

They make more then enough money as it is

What, the courts make them more money?

Either track them down or fill out the N92 form.

Why do you insist on making things awkward?

fatbelly

An Administration Order is for those with total debts under £5000 and at least one ccj. So it's unlikely to apply here, and the situations where it does are very limited, as the government has not moved the limit for probably 30 years.

When it does apply, an AO is a very good option. Yes there's a fee of 10%. But payments can be limited to 36 months and can be as little as £10 per month, so, even with the fee, the debtor only pays back maybe 10p in the £. The remainder is written off by order of the court.

It's viewed as an insolvency option and stays on your credit file for 6 years

hobbird

fatbelly wrote: »

...
When it does apply, an AO is a very good option. Yes there's a fee of 10%. But payments can be limited to 36 months and can be as little as £10 per month, so, even with the fee, the debtor only pays back maybe 10p in the £. The remainder is written off by order of the court.

It's viewed as an insolvency option and stays on your credit file for 6 years

Yes, the AO does stay on your credit file for 6 years, just as a CCJ does (that has not been settled in full within 28 days), but I accept this will be another entry from the date the order is made.

I suspect yet another entry on the OP's credit history file isn't going to make too much difference presently based upon their historical approach to managing credit

An AO is only viewed as a insolvency option if the AO is treated as a ‘composition order’ i.e is not repaid in full.

But given the OP's statement that they "dont like leaving debts unpaid", and the issue here was, as I understood it, that the OP wanted to repay the creditor but was struggling to locate the creditor directly now, if they do repay the full amount of the order to the court then they can have the AO marked as 'settled', together with the CCJs that are included, as they too will be settled by settlement of the AO in full.

Settled debts are not viewed so severely by creditors, especially after a period of time has passed since setllement.