County Court Judgements

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mediabird

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Post by mediabird » Fri Jun 05, 2009 3:14 pm
Hi there,
Please can you tell me if payments that are due against someone for County Court Judgements can be included in an IVA?
many thanks
 
 

Michael Peoples

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Post by Michael Peoples » Fri Jun 05, 2009 3:29 pm
The CCJ will be treated as any other creditor in an IVA unless they have secured the debt by way of an Order Charging Land and the order has been made absolute. Enforcement action such as attachments of earnings must cease once the IVA is approved and even if bailiffs have been instructed they must stand down. Speak to an IP for further advice.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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