Old CCJ settlement discussion breaks down, what happens next?

Bunny42 · 23 October 2024 at 6:02PM

I phoned the current owners of 2 unsatisfied CCJs from over 10 years ago hoping to settle at 10%. I had not heard from these people for several years. I have not made payments for over 10 years, if at all since the CCJ was issued as I had no income at the time. My offers of 10% were refused. I can understand that.

I need to come back with more money which is not possible right now due to my financial obligations. I have not made any payments to either in over 10 years. I did contact them however. They are continuing to contact me now asking what I am going to do about these debts.

My thoughts are to offer one of the two 20%, and see if I can get rid of one.

The debt holders need to go back to court I understand, before I can be forced to pay anything. Will I have the chance to raise an objection in these proceedings? Can I ask for a copy of the Consumer Credit agreement or is that pointless once a CCJ has been issued?

Tactics, and an explanation of what the debtors options are going forward would be appreciated.

sourcrates · 23 October 2024 at 6:49PM

The debts are dead in the water, they have 6 years to enforce CCJ`s, after that special permission form the court is needed, and they must apply before the six years expire, so after 10 years, there is nothing they can do now, I`d stop talking to them if I were you.