In the last year more than three quarters of a million County Court Judgments have been registered in England and Wales – the first rise in 15 years and a clear indication that lenders are clearly getting tougher on the rising number of people with debt problems.
County Court Judgments (CCJs) are made when a creditor takes you to court in order to retrieve the money you owe. If a CCJ is granted against you it is entered on the Register of Judgments, Orders and Fines (for England & Wales) and on your credit file. Unless you pay off the debt within one month of the CCJ being granted, it remains there for six years even if you pay off what you owe during that time…
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