County Courts Act 1984

Product Information

It’s not just a historical relic; it’s highly relevant even today, especially if finances matter to you. Although this might not be ideal, the monthly sum you will pay is affordable and prevents you from experiencing further financial difficulty. Some charities cannot provide formal debt solutions, such as Individual Voluntary Arrangements (IVAs).

As an example, debt write-off of 85% has been achieved by 14.32% of our customers on approved IVAs in the last 12 months. (Dated 07/11/2023)

MoneyNerd Limited is a free to use service, however we may receive a commission, at no cost to you, if you complete a loan, enter into a mortgage, remortgage or equity release agreement. If you’re wondering how we work with our partners and how we make money, you can read more about how MoneyNerd works. There are a number of excellent charities acting on behalf of debtors to make debt recovery less stressful. We know it’s stressful when you’re dealing with bailiffs. Some of our team members have been in the same boat. But remember, there’s always a way out. Picture bailiffs at your doorstep, an aftermath of court action. Their visit isn’t just daunting. it’s costly. You might have to pay creditor’s solicitors’ fees associated with the trial, as well as additional fees linked to debt recovery and enforcement actions.

Debt solutions such as IVA, Debt Management, DRO and Bankruptcy will have a negative impact on your credit rating. As part of our free service, we’ll look at your financial situation, explain the available options, and then recommend a debt solution which could be suitable for you. Depending on the solution, fees may be involved, which would be fully explained, and details provided in writing. Fees may be payable depending on your final choice of financial product. This will depend on your circumstances and will be discussed at the earliest opportunity by the financial product provider. Are you worried about a bailiff company threatening you with Section 69 of the County Courts Act 1984? You’re on the right path to finding answers. Each month, over 170,000 people come to us seeking guidance on debt issues just like yours.MoneyNerd Limited is an Introducer Appointed Representative of Seopa Limited who is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 313860) and is classed as an insurance broker. MoneyNerd does not give specific debt advice and we recommend that you always discuss your personal situation with a qualified adviser that works for a company that is authorised and regulated by the Financial Conduct Authority. With your consent MoneyNerd may pass you on to a trusted debt counselling company or insolvency practitioner.