6yrs or 12yrs

[andy8]

Hi everyone.

 

My credit file has 2 defaults against me from 12/11/2000 and has been haunting me for nearly 6yrs, They are both due to be automaticaly removed on the 12/11/2006 and was wondering can the company that i owe money too issue me with a countycourt judgement befor this date and then will be on my credit file for a futher 6yrs?

 

Thanks

[Guest Zooman]

yes

[andy8]

So they can basically ruin your credit rating for 12yrs?

[elsinore]

If you are unable to clear the debt by 12th November, then yes.

Just because they can, doesn't mean they will.

What is the situation with the debt? Have you been paying occasionally/regularly, or is there no contact between you and the lender? How much was the original debt and how much do you now owe?

 

Elsinore

[andy8]

If you are unable to clear the debt by 12th November, then yes.

Just because they can, doesn't mean they will.

What is the situation with the debt? Have you been paying occasionally/regularly, or is there no contact between you and the lender? How much was the original debt and how much do you now owe?

 

Elsinore

 

Hi

 

The debt was from a previous relationship but was in my name at the time, The lender passed the debt to a company called wescot spv limited and has sent me numerous letters to which i have not replied to any of them for nearly 6yrs, the original balance was £805 and is still at that amount,

[andy8]

So basiclly they can affect your credit rating with a default for 6yrs and just as that is about to run out they can issue you with a ccj for another 6yrs?

 

I know this is my own fault but 12yrs of bad credit rating seems a little unfair to me.

 

Thanks

[andy8]

Can someone confirm this,

 

Thanks

[Guest Zooman]

yes that is right

[phunkeymonkeh]

They would have to inform you ,.

And if at this late stage they did issue court proceedings before November, even after judgement has been made in the claimaints favour, providing you pay the judgement within 28 days it doesnt go on your credit record.

[andy8]

Thank you all for your help, Cheers

[phunkeymonkeh]

Personally id get a bit of cash stacked up somewhere over the next few months.

Not easy i know with Christmas approaching, that way if it does go further you have the cash to pay it off immediately and avoid more bad credit.

If nothing happens, you have yourself a little nest egg to blow over Xmas

[andy8]

Is it normal practice for company's to issue you with a ccj just as the default date is up?