TYPES OF DEBT
Both debts and enforcement fall into two main categories. Debts are either consumer debt (against individuals) or business debts (against businesses). Enforcement levels likewise are split between the county court and the High Court. Both have different effects on a case and the powers the creditor can wield after obtaining.
County court Judgments place time limits into effect, acknowledging that you are owed money. Should the debtor not pay within the time, the CCJ is seen as unsatisfied. Having a CCJ against your name can result in being denied credit for car finance, mortgages, rental properties, credit cards, mobile phones and more. High Court Judgments offer a higher level of consequence; they allow the use of High Court bailiffs able to enter and seize property should payment not be arranged. Both methods have merits that AYOM can advise should you wish to seek these routes.