Tag Archives: CCJ

MoneyAware news: October 2017

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New CCJ rules come into effect offering better protection, interest rate rises could affect mortgage costs, and our latest stats show a worrying increase in personal debt levels.  

Here are this month’s most important debt and money news stories…

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New CCJ rules – know your rights

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From 1 October 2017, new rules around debt collections and what creditors need to do before applying for court action came into effect.

There’s now an extra step creditors must take before starting any County Court judgment (CCJ) proceedings.

But what does it mean for you? Creditors now have to send you an additional letter before going to court. Don’t worry – we read through a pretty hefty protocol document so you don’t have to, and wrote down all the important bits. You can thank us later!

bank loan and credit card statements

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5 of the most commonly asked DMP questions this year

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Whether it’s reviewing payments, changes to your circumstances or helping with letters and forms, our dedicated team of advisors are here to help you manage your DMP.

We were curious to find out what the most commonly asked DMP questions were in 2015. Who better to ask than the advisors themselves? Take it away, guys!

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What should you do if you can no longer afford a CCJ?

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If you can't afford it follow our advice

If you can’t afford it follow our advice

We all know that your budget can change often, which is why we recommend that you review it regularly.

More often than not it’s because priority bills have increased which leaves you with less money available for other expenses.

This can be really worrying if you have a county court judgment (CCJ) as it’s important that you stick to the payment that you’ve agreed to avoid any further enforcement action. Continue reading »

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9 debt myths busted

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Be careful what you believe

Be careful what you believe

Earlier this year we started busting debt myths in a monster myth-busting blogpost.

To help anyone on a debt management plan we’ve picked the nine most-repeated DMP-related myths to help you.

If you hear these, take the advice with a huge pinch of salt…

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How to deal with a county court judgment (CCJ)

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Letter with bad news

Don’t panic if you receive CCJ forms

Now that we’ve all settled back into our work routines and Christmas and New Year is a distant memory, our thoughts turn to boring but necessary duties such as maintaining our finances.

Now that the break is well and truly over, our phone lines are getting busier as people realise how much was spent over Christmas and how long there is still left before payday.

And we’re not the only ones that are busy. Northampton County Court, England’s bulk processing centre for County Court judgments (CCJs), shut for ten days over Christmas, which added to the postal delays meant that a lot of people will only just receiving these types of forms now.

If you’ve received a CCJ, you need to read about the process below, and then contact us or use our online debt help service Debt Remedy.

UPDATE October 2017: The rules around creditors sending court forms have changed. You should now receive a ‘letter of claim’ before any court action. Read more about the new Pre-Action Protocol for Debt Claims.

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Our top 10 debt myths

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What will happen?

What will happen?

Being in debt can cause all sorts of emotions, and contacting someone for help for the first time can be extremely daunting.

Our advisors are used to dealing with people who are in a frightened and emotional state. We often deal with people who feel vulnerable, worried about what action their creditors can take and what the future holds for them.
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