checkSURE Credit Reports show UK County Court Judgements

UK County Court Judgements

UK County Court judgments are used today by many business to assess the creditworthiness of individuals and businesses. UK County Court judgments refer to the judgment handed out by County Courts in the United Kingdom.

The County Courts resolve civil matters such as debt repayment; personal injury; breach of contract concerning goods or property; family issues and housing disputes.

The UK County Court judgments are recorded on the Register of County Court Judgments. The registration of County Court judgments dates back to 1852 in England and Wales. Since 1986, a separate entity called Registry Trust Limited maintains the Register of County Court Judgments.

The Registry Trust serves as a critical link between courts and the public, credit reference agencies, other commercial buyers, etc. The credit reference agencies and other commercial buyers add value to UK County Court judgments and sell them to lenders, mail-order companies and other businesses. The credit reference agencies play a valuable role in the credit process.

Satisfaction of a UK County Court Judgment

The key issue relating to County Court judgments is registration; that is appearing on the Register of County Court Judgments. If an individual or a business settles the debt within a month of the judgment then the registration can be cancelled. A UK County Court judgment will also be set aside if it was 'incorrectly granted.' Otherwise, a County Court judgment will stay on the register for six years from the date of the judgment. If the debt is repaid after say two months, then the consumer can have the judgment marked 'satisfied' in the Register. A certificate of satisfaction is issued by the UK County Court.

The appearance on a register of County Court judgments does not necessarily end chances of getting credit, but nor does it inspire confidence in lenders. Not surprisingly, some credit repair companies offer ways of cleaning up credit reference files, but history shows that nothing is as effective as prompt payment of dues.

Some consumers, in fact, have begun to manage their credit track record proactively. This involves getting credit reference files from credit reference agencies and ensuring that all details are accurate and also seeing if unrelated personal details are captured. Now data protection laws allow consumers to ensure that only information relevant to credit is captured.

Information about UK County Court judgments has become more and more important in the business world. UK County Court judgments have become risk management tools that save a lot of trouble for lenders-particularly in an age when banking norms are getting more stringent.