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Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 2:53 pm

can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?

Re: Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 3:06 pm

Angry Man wrote:can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?


From what I understand you can sell debts to anyone in the same way as any other comodity or product. It is then up to them to collect the debt (although nobody is allowed to use threats or intimadation)

However, you must have extensive paperwork but that shouldn't be a problem if you have obtained a CCJ.

TBH AM if you have a CCJ why not case the debt yourself?

Re: Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 3:08 pm

Tony Blue Williams wrote:
Angry Man wrote:can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?


From what I understand you can sell debts to anyone in the same way as any other comodity or product. It is then up to them to collect the debt (although nobody is allowed to use threats or intimadation)

However, you must have extensive paperwork but that shouldn't be a problem if you have obtained a CCJ.

TBH AM if you have a CCJ why not case the debt yourself?


I am but the added time its taking. I'm thinking of putting it on ebay :lol:

Re: Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 3:14 pm

Angry Man wrote:
Tony Blue Williams wrote:
Angry Man wrote:can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?


From what I understand you can sell debts to anyone in the same way as any other comodity or product. It is then up to them to collect the debt (although nobody is allowed to use threats or intimadation)

However, you must have extensive paperwork but that shouldn't be a problem if you have obtained a CCJ.

TBH AM if you have a CCJ why not case the debt yourself?


I am but the added time its taking. I'm thinking of putting it on ebay :lol:


If the Debt is over £600, then I would hand it over to these guys.

http://thesheriffsoffice.com/services/h ... nforcement

Re: Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 3:22 pm

Angry Man wrote:
Tony Blue Williams wrote:
Angry Man wrote:can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?


From what I understand you can sell debts to anyone in the same way as any other comodity or product. It is then up to them to collect the debt (although nobody is allowed to use threats or intimadation)

However, you must have extensive paperwork but that shouldn't be a problem if you have obtained a CCJ.

TBH AM if you have a CCJ why not case the debt yourself?


I am but the added time its taking. I'm thinking of putting it on ebay :lol:


:lol: :lol: Love it.

Re: Legal Advice wanted: Selling on a bad debt

Wed Jul 18, 2012 4:15 pm

Angry Man wrote:can I sell a CCJ debt which is owed to me to anyone or do they have to be a certain debt buying companies..?


These guys have been known to get good results Adam. ;)




:ayatollah: :ayatollah: :ayatollah: :ayatollah:
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