Default or CCJ after Repo 12 April 2022 at 6:33PM in Credit file & ratings 4 replies 172 views

hybroxy

I recently went through a messy divorce and had the matrimonial home which was solely on my  name repossessed by the lender. The procced of the sale was enough to cover for all the debt and even have about 85k left. 
I Just checked my credit report and discovered 3 defaults on my files.( one for the main mortgage and two for the remortgage I had with the same lender) They are are all marked as satisfied.
My question now is that will there be any CCJ issue again since I already have a default  and its has been fully paid and marked as satisfied and closed on my credit report?

[Deleted User]

If you have no debt, there is nothing to get a CCJ for.

sourcrates

Your post isn`t very clear on this, did you voluntarily hand back the keys to the house, or was it repossessed by the lender after going to court ?

Because if its the latter, you will already have a CCJ that will stay on your file for 6 years.

hybroxy

sourcrates said:

Your post isn`t very clear on this, did you voluntarily hand back the keys to the house, or was it repossessed by the lender after going to court ?

Because if its the latter, you will already have a CCJ that will stay on your file for 6 years.

Thanks for your response. The house was repossessed by the lender via  court process. I did not see any CCJ on my credit report but default recorded on my credit report.
 The lender has already paid me 85k after deduction of all the debts.

sourcrates

hybroxy said:

sourcrates said:

Your post isn`t very clear on this, did you voluntarily hand back the keys to the house, or was it repossessed by the lender after going to court ?

Because if its the latter, you will already have a CCJ that will stay on your file for 6 years.

Thanks for your response. The house was repossessed by the lender via  court process. I did not see any CCJ on my credit report but default recorded on my credit report.
 The lender has already paid me 85k after deduction of all the debts.

The lender most likely obtained a possession order then, this won`t show on your credit files, but the default for the debt will be there for 6 years in total.