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Debt valid after CCJ Drops off?
Jennifer34
Posts: 10 Forumite
What happens to my debt once the CCJ'S have expired.
They're about to drop off and are being handled by Mortimer Clarke and have been paying £3 a month.
What can they do if I just stop paying it now?
As it's not on my credit file anymore can any possible future lenders see the debt?
If not is there any point in paying the debt still?
They're about to drop off and are being handled by Mortimer Clarke and have been paying £3 a month.
What can they do if I just stop paying it now?
As it's not on my credit file anymore can any possible future lenders see the debt?
If not is there any point in paying the debt still?
0
Comments
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Hi,
Whilst the CCJ is automatically removed from your credit files after six years, it does not expire. If you were to stop paying your agreed monthly instalments, then your creditor could seek enforcement action, although they would have to seek permission from the court first.
I work within the voluntary sector, supporting vulnerable people to rebuild their lives.
I love my job
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(Q) What can they do if I just stop paying it now ?Jennifer34 said:What happens to my debt once the CCJ'S have expired.
They're about to drop off and are being handled by Mortimer Clarke and have been paying £3 a month.
What can they do if I just stop paying it now?
As it's not on my credit file anymore can any possible future lenders see the debt?
If not is there any point in paying the debt still?
(A) Further enforcement action can include attendance at your home by bailiffs. attachment to your earnings if you work, or an order to appear before the judge to explain why you are not paying. Each stage costs the creditor money, and after 6 years, they would need court permission to further enforce the judgement.
(Q) As it's not on my credit file anymore can any possible future lenders see the debt ?
(A) No, once its gone its gone forever.
(Q) If not is there any point in paying the debt still ?
(A) See above.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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