CCJ & Defaults about to pass 6 years/expire. Is it worth paying them off?

Higher

!!! wrote: »

No they won’t remove it just because you’ve paid.
Especially if you’ve only paid 50% of the total owed.

Maybe they won't, but are they able to? Or does a CCJ remain on my credit file for 6 years no matter what?

There's no harm in me asking even if it is unlikely they'd remove it.

fatbelly

Higher wrote: »

Since last posting I contacted the organisation dealing with the CCJ and after some negotiations was eventually offered a 50% reduction on the balance to be paid as final settlement. I have one question, before I pay this, is there any way the creditor can set aside the CCJ as such or remove it from my credit file early? Just wondering as if this is possible I may as well ask if they will do this as part of the deal with me paying up.

Well done - I said they would deal.

Now, any conditions you wanted attached to the deal should have been discussed at the time. That's why I recommend setting out what you want in writing first, then phoning to fine tune.

It would be very irregular of them to agree to a request to remove a ccj. You could apply to the court for setaside and ask them to consent. You could ask them to mark the ccj as settled but strictly speaking they should not do that unless it is settled in full.

A 50% settlement on a ccj is a good deal and I'd just take it as it stands.

If you need further help on debt-related activities I'd recommend posting on the debt-free wannabe forum