2007-02-14 11:27:31 · 8 answers · asked by Ivan Drago 1 in Business & Finance ➔ Credit
I know CCJs stands for County Court Judgements, but what are they?
2007-02-14 11:31:49 · update #1
CCJs are made when a creditor takes you to court to try and get back the money that's owed to them. If the CCJ is granted, it will show up on your credit file, meaning a lot of people will not want to lend you any money (for credit cards, mortgages, loans etc). The mark will stay on your credit file for 6 years, even if you pay off the debt in this time.
If you have a CCJ against you and you still fail to pay back the money, the creditor may ask a court to enforce the judgement. If the judgement is enforced, you may find bailiffs on your doorstep, or your house may be repossessed in order to cover the debts. Your bank account can also be frozen too.
The link below has some more in-depth information on the subject
2007-02-14 22:45:19 · answer #1 · answered by Clem 3 · 0⤊ 0⤋
In England and Wales (Scotland has its own legal system), County Court Judgments (CCJs) are legal decisions handed down by County Courts. Judgments for monetary sums are entered on the Register of County Court Judgments, which is checked by credit reference agencies to assess the credit-worthiness of individuals.
If the debtor continues to default on a CCJ the creditor may apply for a charging order which would secure the debt on a property. Creditors can also apply for an attachment of earnings which would oblige the debtor's employer to deduct monies from their salary and send them to the court. A Third Party Debt order would oblige a third party who holds money belonging to the debtor (for example a bank) to pay the debt. It is also possible to have the court appoint a Bailiff to collect the debt. A Bailiff is an official of court and has the power to seize goods and sell them at auction to settle a debt.
2007-02-14 19:33:50 · answer #2 · answered by Anonymous · 2⤊ 0⤋
It means that you have been taken to court for not paying a amount you owe and are held on file for 6 years
2007-02-15 19:14:08 · answer #3 · answered by ANNE G 2 · 0⤊ 0⤋
yeah, county court judgements
2007-02-14 19:33:17 · answer #4 · answered by Emmylou82 4 · 0⤊ 0⤋
Curly carl johnsons or county court judgments.. im not sure.. go with your gut!
2007-02-14 19:30:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋
county court judgments
2007-02-14 19:30:29 · answer #6 · answered by meandean 5 · 1⤊ 0⤋
i put
define:CCJ
into google and got this :
http://www.google.co.uk/search?hl=en&safe=off&defl=en&q=define:CCJ&sa=X&oi=glossary_definition&ct=title
which seemed helpful :)
i noticed your YahooID seems german. Use babel fish on altavista to translate if the technical terms are too hard.
2007-02-14 19:34:15 · answer #7 · answered by n b 5 · 1⤊ 0⤋
they mean u cant get credit for 5 years
2007-02-14 19:33:42 · answer #8 · answered by sassy 4 · 0⤊ 0⤋