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~~~ In Today’s Issue ~~~
1. Question: When Will My CCJ Show As Satisfied?
2. Question: What Happens When an IVA Ends?
3. Site Additions
4. News on the Web
5. Useful Links
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~~~ When Will My CCJ Show As Satisfied? ~~~
Once you have finished paying off your County Court Judgement, the
Court will issue a Certificate of Satisfaction.
The official holder of the register of judgements is Registry Trust
Limited. They have to wait for the Court to notify them of the
Certificate of Satisfaction. Currently, it is taking about two to
four weeks.
Once they have that information they should update your records. This
information will then filter through to the Credit Reference
Agencies, usually over a period of a week or two.
If your judgement was paid with one month of issuance, then it will
be removed from your credit file altogether. If it was satisfied more
than one month after being issued, it will be marked as satisfied but
will remain in your file for six years from the original judgement date.
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~~~ What Happens When an IVA Ends? ~~~
At the end of the process the Insolvency Practitioner will issue you
with a 'Statement of Completion', typically within 3 months of the
final payment. The Insolvency Practitioner will also send a copy of
this to the Insolvency Service so that they can amend their records.
So there is no need for you to attend court or even visit the
Insolvency Practitioner’s offices.
However, the onus is on you to send a copy of the Statement of
Completion to all the credit reference agencies which are in
operation at the time of their completion.
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~~~ Site Additions ~~~
The subject of Trust Deeds, the alternative to bankruptcy available
only in Scotland, is addressed in a brand new section on the website.
http://www.debtadvicebureau.org.uk/trust-deeds/
News: Interest Rates or Taxes
http://www.debtadvicebureau.org.uk/news/040301-interest-rates-taxes.shtml
People Needed for ITV1’s Next Series of "The Test"
http://www.debtadvicebureau.org.uk/media-latest.shtml
Media Volunteers Wanted. Would you like to participate in future debt
related TV programmes and news articles? Add your details to our list
and we will alert you when new opportunities arise.
http://www.debtadvicebureau.org.uk/media-list.shtml
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~~~ News on the Web ~~~
The Scotsman: Smart
consumers learn to outwit the debt crisis
This is Money: Co-op
Axes ‘Trust Mortgages’
BBC: UK
Inflation 'Set to Accelerate'
Independent: Britain’s
Love Affair with Pawn
The Scotsman: New
Safeguards on Way Against Unfair Credit Traps
Telegraph.co.uk: Bank
on the Moaners to Make Profit a Dirty Word
WAFF: Consumer Alert - Camera
Phones Capturing Credit Cards
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~~~ Useful Links ~~~
uSwitch .
Gas, Electricty, Home Telephone and Digital Television comparison
service. Use the free online calculator. Follow the steps and then
switch online. It really is that easy.
Save
on Your Bills. Save up to £150 on your utilities bills with
this free switching/comparison service.
Lloyds
TSB Car Insurance. Compare quotes and save up to 20% online.
Bad
credit unsecured loans for tenants and other non-homeowners.
Norton
Anti-Virus Software, worth £41, is Free when you do a
survey with Opistat. Debt Advice Direct Copyright (c) 2004 debtadvicebureau.org.uk | 
