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CCJ interest

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  • CCJ interest

    Hello

    I had a CCJ issued against me in 2020 for £6000.
    After a failed appeal, the judge agreed I could repay in monthly instalments, which I have done every month.
    I now believe I have paid off the claim amount, however Iím unsure on the interest element.
    The original claim form doesnít mention interest, although the court correspondence states fees plus interest due.

    If interest in due, how would this be calculated? Is it 8% on the full amount annually or should it be calculated monthly and take into account the repayments?

    Iíve also read conflicting info that interest doesnít apply when paying in instalments and I should also receive 6 monthly statements showing the amount outstanding (I havenít).

    can anyone offer any insight please?

    thank you
    Tags: None

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SHORTCUTS

Pre-Action Letters
First Steps
Check dates
Income/Expenditure
Acknowledge Claim
CCA Request
CPR 31.14 Request
Subject Access Request Letter
Example Defence
Set Aside Application
Witness Statements
Directions Questionnaire
Statute Barred Letter



If you received a court claim and would like some help and support dealing with it, please read the first steps and make a new thread in the forum with as much information as you can.





NOTE: If you receive a court claim note these dates in your calendar ...
Acknowledge Claim - within 14 days from Service

Defend Claim - within 28 days from Service (IF you acknowledged in time)

If you fail to Acknowledge the claim you may have a default judgment awarded against you, likewise, if you fail to enter your defence within 28 days from Service.




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