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If you pay the CCJ in full within a month of the judgment, you can apply to have the CCJ removed from the public register and from your credit file. To do this, you need to apply for a 'certificate of cancellation' from the County Court hearing centre which issued the judgment, providing them with proof of payment.
A Satisfaction of Mortgage, sometimes called a release of mortgage, is a document that acknowledges that the terms of a Mortgage Agreement have been satisfied, meaning that a borrower has repaid their mortgage loan to the lender.
Satisfaction is the fulfillment of an obligation. The term is often used in the context of contract law when one performs their duties under the contract. The term is also often found in the context of judgments in determining whether a party discharged their liability from a judgment.
Until the debt is repaid, the judgment remains unsatisfied. Satisfied judgments: This means that your debt is either paid or settled. While you may not have completely paid off your debt in full, you can satisfy a judgment by agreeing and adhering to a new payment plan.
Will my credit score go up after County Court Judgement removal? Your credit score should increase considerably once your CCJ is removed from your credit record. However, it is hard to be specific as credit scores are always dependent on a number of factors. On average, our clients' scores increase by 200 points.

People also ask

Satisfaction and release is the formal paperwork stating that a consumer has paid the full amount owed under a court judgment. A satisfaction and release proves that they have paid their debt and prevents creditors from trying to recover more money from them.
Satisfaction and release states that a consumer has paid the full amount of debt that was owed to a creditor under a court judgment. A satisfaction and release prevents creditors from attempting to recover more money from the borrower or consumer.
What is a Judgement Release? A Satisfaction of Judgement is proof you paid what you owed. Without this document, it will be impossible to get a mortgage, secure a loan, buy a car, rent an apartment, or do anything else that requires you assume new credit. Without the form, collection efforts can also still continue.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
Once the CCJ has been marked as paid, it shows you have repaid what you owe and it can somewhat improve your current credit score.

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