The public Register of Orders is where all court judgments, orders, and fines are recorded. Depending on how much your debt is for, you might struggle to pay it off within a month.
However — from a credit score point of view — paying the CCJ off after the first 30 days is still better than letter it hang around, so if possible, getting it settled ASAP is a good idea.
A satisfied CCJ will still appear on your credit score for six years, but lenders will be far less concerned than they would be if they saw an unsatisfied judgment — making it easier to get credit.
In some cases, a judgment against you could be damaging your credit rating for the wrong reasons. For instance, it could have been mistakenly recorded, not removed, have the wrong address details, case number — or many other fairly simple errors. There are two ways you can pay it back, either in full or in instalments. However, the quicker you pay it the better as you may be able to avoid it even being registered on your credit file in the first place. Your CCJ can appear on your credit report in as little as a few days of the judgement being made yet if you can repay the full amount within one calendar month details will be completely removed from the Register of Orders and also from your credit report.
The CCJ does not get automatically removed on making full payment to your creditor; the responsibility is left to the creditor to make the court aware that you have done so. On settling the debt you may want to pursue your creditor to make sure they inform the court in order for removal of the CCJ from the register. If the creditor fails to alert the court of your payment you may inform the court yourself. If you cannot manage to repay the debt in full within the initial day period but pay the CCJ in due course then you will be awarded a certificate of satisfaction.
This will also be marked on the public register and your credit report. The CCJ will not be removed but will be marked as satisfied. Unpaid CCJs will be marked unsatisfied. A satisfied CCJ will be viewed as a more favourable outcome with future creditors and may make credit slightly easier to acquire. A CCJ will remain on your credit file for six years from the date of judgement whether marked as satisfied or unsatisfied.
After that time has passed, credit reference agencies will wipe the CCJ from your credit file. If you fail to attend the hearing then your application will be rejected and you will be ordered to make the full payment. The best evidence to send them is the court order setting aside the judgment.
The Registry Trust will update all of the credit reference agencies, although this sometimes takes a few days. Applying to Set Aside a Default Judgment? Move Fast! Our Solicitors Explain Until recently, if you received a default judgment, the chances There are however 3 ways that you can get the CCJ removed. Wait 6 years After 6 years, the CCJ will be removed automatically from your credit record without you having to do anything. The six year period is counted from the date of the judgment.
What is a default judgment? The CCJ is not classed as a default judgement if: it was ordered at a trial you attended , or it was made by the court after you admitted owing the money In these circumstances, there is no possibility of the CCJ being set aside. Removing the default judgment If it is a default judgment, then it can be set aside if you can show a good reason.
Act promptly When exercising its discretion to set aside a CCJ the court must consider whether or not you made the application promptly.
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