The number of County Court Judgments in the year 2019 reached 16,000, which evidently reflects on the unpaid debt of the UK. The primary reason why CCJs have observed a spiking increase in their numbers is that the people who receive CCJ for unpaid debt is particularly for lesser amounts. For instance, in the UK, mobile phone providers sell phones to people with smaller debts, i.e. £100- £200and when these buyers fail to pay for the purchased phones, a CCJ arrives at their doorstep hence giving a boost to the numbers.
In case you happen to be the receiver of a CCJ, there are a few pointers that you must bear in mind before taking the matter into your own hands. Since CCJ is an order issued by the court, every step you take to pull yourself out of this problem must cooperate fully with the laws associated with the matter. If you find yourself incapable of fulfilling the request of the creditor, you must notify the lender and resolve the issue right then.
The following infographic takes a deep dive into the statistics of CCJs from over the past few years. From the average value of CCJ to its percentage inclusion in various regions, you can easily get your questions answered right away!
Infographic by: Blog.portify.co
In case you happen to be the receiver of a CCJ, there are a few pointers that you must bear in mind before taking the matter into your own hands. Since CCJ is an order issued by the court, every step you take to pull yourself out of this problem must cooperate fully with the laws associated with the matter. If you find yourself incapable of fulfilling the request of the creditor, you must notify the lender and resolve the issue right then.
The following infographic takes a deep dive into the statistics of CCJs from over the past few years. From the average value of CCJ to its percentage inclusion in various regions, you can easily get your questions answered right away!
Infographic by: Blog.portify.co
