Get expert opinion. This is the place for new questions to be posted.
-
gdp
- Posts: 19
- Joined: Wed Sep 14, 2005 4:07 pm
- Location: United Kingdom
Post
by
gdp » Mon Sep 29, 2008 12:28 pm
Does an IVA class as a CCJ?
-
rayb
- Posts: 1288
- Joined: Wed Dec 12, 2007 11:15 am
- Location: United Kingdom
Post
by
rayb » Mon Sep 29, 2008 12:31 pm
No completely different. An IVA is a legally binding contract for 5 years possibly 6 and is registered with the Insolvency Service and a CCJ is registered by the county court.
-
LoneRanger
- Posts: 894
- Joined: Fri Jun 20, 2008 6:00 pm
- Location: United Kingdom
A CCJ is issued when you do not pay a debt and is usually the steps a creditor will take to get the money out of you. The courts will then deal with the debt.
It has nothing to do with an IVA.
Steve.
IVA approved!
-
gdp
- Posts: 19
- Joined: Wed Sep 14, 2005 4:07 pm
- Location: United Kingdom
Post
by
gdp » Mon Sep 29, 2008 1:17 pm
Ok, it was just that at the top of my legal document it was from the local 'county court' so i was a little wooried. But it does say 'in the matter of the insolvency act 1986' just below.
-
LoneRanger
- Posts: 894
- Joined: Fri Jun 20, 2008 6:00 pm
- Location: United Kingdom
That is standard on all proposals I think.
Steve.
IVA approved!
