Being issued a County Court Judgement (CCJ) is a precursor to a more serious, winding up petition or bailiff action.
How does a creditor obtain a CCJ against a debtor?
For a creditor (or a creditor’s agent) to apply to a debtor’s local county court for a CCJ to be issued, evidence must be produced to prove the debt is valid and they must have a record of the action taken previously to recover the debt.
How long will a CCJ remain on my credit file?
When it comes to CCJs, details of the debt will remain on your file for 6 years and could reduce your credit score if the debt is not satisfied (paid in full) within 28 days from the date of issue. Once the debt has been satisfied within the 28 days you can apply to have it removed from the credit file and restore your credit rating. If the debt is paid after the 28 days, the CCJ will remain on your credit file and show as satisfied.
Don’t ignore a CCJ and seek professional insolvency advice.