What is a decree or CCJ and how could it affect me?

You can apply for an ‘application in writing for a time to pay direction’ after a summons or initial writ has been served and before a decree is granted. This paperwork gives you the option of paying off your debts within a reasonable timescale. It’s important to complete this paperwork correctly and in good time, or your payment could be set at an unreasonable amount that you can’t afford to repay.

Paperwork issued by the courts can be extremely complicated. During a stressful time when you’re struggling to pay back your debts, it might be easier to discuss the situation with an experienced professional.

If you are still unable to meet payment deadlines following the decree, the lender can begin the process of ‘enforcing debt by diligence’, the technical term for debt enforcement in Scottish law.

As with most debt solutions, a decree will be damaging to your credit rating, so always discuss the situation with a professional before making a decision about the best course of action. Our advisers at Scotland Debt Solutions can offer you the peace of mind you need to get your finances back on track.