Welcome to the DebtLine Direct blog

Debt Line Direct (www.debtlinedirect.com), are a recognised debt management company that have helped thousands take control of their debts and helped them to become totally debt-free.

The way we work is very different from other debt management companies because we are not driven by money whereby some debt companies simply only care about the sales coming in. We're unique because our friendly and trained staff have been in the same situation as you. That's right. WE'VE been there. So you can expect only the utmost respect and compassion and inpartial advice.

We help you get rid of your debts with various strategies. Our main one is to create a debt management plan which is to basically consolidate all your monthly repayments into one affordable payment each month. Once all the paperwork is signed we then also contact your creditors on your behalf making sure they will now leave you alone. If they do contact you after we get in touch with them, then simply hang up because by law they should not be ringing you once we step in.

We also offer other options such as an IVA, Trust Deeds and Bankruptcy. We take away your stress and strains by offering you a way out.

If you have any questions, queries or quandaries please contact us by e-mail at enquiries @ debtlinedirect.com.


We also run a separate website called THE MONEY EXPRESS which is a U.K money comparison website in which we compare masses of products such as credit cards, loans, bank accounts, utility bills, insurance and mortgages.








Tuesday

What IS a County Court Judgement?

at 7:31 am Labels: , , , , , ,
County Court Judgement - CCJ - CCJ's

"At some point in our lives, we all struggle with our finances, sometimes resulting in a CCJ."

How did I get a CCJ?

CCJ's and defaults are registered on your credit file against you for the following 2 main reasons.


1: If you are late or fail to repay any unsecured debts

2: If you ignore debt collection requests

Your original creditor or lender will pass any account that remains unpaid to a debt collector of their choice. These collectors are usually working for the lender on a number of cases.

There are laws and guidelines that creditors must follow to compliantly recover the funds outstanding from you.

Because of your rights under the Data Protection Act 1998 and the Consumer Credit Act 1974, it is possible for you to check your credit files yourself by contacting one of the main credit agencies, who, for a fee of just a few pounds, will give you details of all your credit details. The two main credit reference agencies are Experian and Equifax.

Does a CCJ have long term effects?

A default is registered prior to any debt collection company being notified and then the collection company steps in to recover the defaulted funds.

If you fail to make an arrangement with either the creditor or respective debt collector, you can be forced into a court action which can then result in a County Court Judgement known as a CCJ being registered against your credit file.

This CCJ is then available for other lenders to see prior to agreeing to lend you any more money. A CCJ will show up on future credit checks. You will find that in most cases a CCJ or default can and will prevent an individual from obtaining further credit. We offer debt help and advice daily to people with defaults or a CCJ.

A CCJ or default will remain on your credit file for a period of 6 years and can have serious detrimental affects on you obtaining credit at an affordable repayment rate.

What can I do about a CCJ being held on my credit file?>

There are ways to return your credit rating to pre CCJ status.

A CCJ can be legally removed from your credit records in just a few short days or weeks if incorrectly lodged, enabling you to secure the loans or goods you need.

If you would like advice or help with CCJs then call Best Solution's free debt helpline now on 0800 933 6666.

Their lines are open 24 hours a day, 7 days a week and your call is free.

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