The CCJ was issued 2 years ago, for an overdraft I had with my old bank. They want £1,800.
As the CCJ went to the wrong address, I believe I have a valid claim to get it set-aside.... but all that will happen if I get it set-aside is it will go back through the courts unless I pay it in full.
Can I negotiate a settlement now with the debt collection agency, but only to be paid after it is set-aside? I feel like if I start negotiating after I've had it set-aside, I've lost my leverage at this point, and the 6 year clock will restart on me if I don't pay it in full.
At the moment at least I have some leverage, because I could just wait it out for 4 years.
So essentially, in case this wasn't clear, I want to ring the debt collection agency and say in a manner of words "look, I can either wait this out for 4 years and you get nothing, or I could apply to have this set aside as the CCJ was sent to a wrong address, and once it has been set aside I'm willing to pay you £800 lump sum to have this debt cleared. Have we got a deal?". Hypothetically, how does that sound for a strategy?
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