Student with CCJ : How to keep my money safe?

[student123uk]

Hello All.

 

I'm hoping someone can help.

 

Before I started university, I racked up some debt, which as a course of being unable to repay, I was issued a CCJ at the the beginning of the this year, by the debt collection agency that the debt was passed on to.

 

I start a summer job next week, which will contribute towards my living costs as being a student. I will also be getting my student loan in September.

 

After researching that DCA's can freeze bank accounts, I am worried that the money I earn as well as the money I receive in my student loan will be frozen.

 

I recently opened a basic account and I am wondering how the DCA will find this account.

 

It's putting me under a lot of stress and I'm literally considering withdrawing every penny as soon as it hits the account just o avoid this.

 

Can you guys offer me any advice please?

 

Cheers in advance.

[Lilythepink]

They probably will not find out about the other a/c, as that is what I have done. They might see it on your credit rating, but my bank told me for a basic bank a/c they do not do a credit search...

[student123uk]

Thanks for the reply, but I can just imagine waking up one day, trying to withdraw some money and find the account has been frozen.

 

Then there is no way out.

[Conniff]

Freezing an account isn't as easy as you make it sound, they have to go to court and have a good reason, enough to convince a judge that it should be frozen.

 

How much is your debt ?

[student123uk]

Freezing an account isn't as easy as you make it sound, they have to go to court and have a good reason, enough to convince a judge that it should be frozen.

 

How much is your debt ?

 

 

The CCJ is for just over £3000.

[renegadeimp]

Then they wont touch the other account. Chances are teh DCA wont even contact you again about the debt.

[unclebulgaria67]

Just have a basic bank account somewhere which is not subject to credit searches and use that.

 

Have you checked whether the student loan people do checks for CCJ's before they sign off on the loans ?

[student123uk]

Just have a basic bank account somewhere which is not subject to credit searches and use that.

 

Have you checked whether the student loan people do checks for CCJ's before they sign off on the loans ?

 

The student loan people don't do credit checks no, as it is income based.

 

Well yes I have a basic account, which I've had since April. When I recently checked my credit report online, it stated that the bank did run a credit check on me (in the section where it says which companies have recently run checks on you) , so the name of the bank will be linked on my file I guess

[unclebulgaria67]

The student loan people don't do credit checks no, as it is income based.

 

Well yes I have a basic account, which I've had since April. When I recently checked my credit report online, it stated that the bank did run a credit check on me (in the section where it says which companies have recently run checks on you) , so the name of the bank will be linked on my file I guess

 

Some of the checks are sometimes called 'soft' checks, which are not actual credit searches, but are simply done for the purpose of checking identity. If this is the case, it would not be visable to others.

[student123uk]

Yes it appears it could of been a soft check in that case.

 

The other thing I heard was that the DCA can submit a general search with all the banks and the banks inform the DCA if the debtor has any accounts with them?

 

Sorry about all the questions!

[renegadeimp]

The other thing I heard was that the DCA can submit a general search with all the banks and the banks inform the DCA if the debtor has any accounts with them?

 

Nope. That wont happen.

[student123uk]

Nope. That wont happen.

 

I know there's a lot of 'scaremongering' around. Just don't know what is true and what isn't!

[renegadeimp]

I fyou are unsure, never listen to word of mouth. Simply come and post your questions on CAG and people can give you a definite answer.

[unclebulgaria67]

Yes it appears it could of been a soft check in that case.

 

The other thing I heard was that the DCA can submit a general search with all the banks and the banks inform the DCA if the debtor has any accounts with them?

 

Sorry about all the questions!

 

DCA's don't have any powers. They can do credit searches, as can many different entities. The only powers they can possibly have are via a court judgement. So they would have to make a relevant application to the court and you would be advised so you could deal with it.

 

Can I suggest that you contact National Debtline or the Stepchange debt charity about your situation. They might suggest ways of dealing with any debts that you have, so they are not a long term issue or won't bite you on the backside when not expecting it.

[dx100uk]

where are you getting all the bunkum from!!

 

NO-one can arrest your bank account for a CCJ.

 

tell us the full story please

 

and I pray this is not LINK financial is it??

 

dx

[student123uk]

where are you getting all the bunkum from!!

 

NO-one can arrest your bank account for a CCJ.

 

tell us the full story please

 

and I pray this is not LINK financial is it??

 

dx

 

Hi.

 

No it's not LINK Financial. Well when you say no one, the DCA can obtain a third party debt order now I have the CCJ right?

 

What details do you need to know?

[dx100uk]

never heard of that happening here ever.

 

you are reading far too deeply.

 

tell us the story of the debt please

 

dx

 

 

dx

[unclebulgaria67]

See this Citizens Advice guide on third party debt orders.

 

http://www.adviceguide.org.uk/wales/debt_w/debt_action_your_creditor_can_take_e/creditor_takes_money_from_your_bank_account.htm

 

If you are getting a student loan paid to an account, I think you could argue about this being touched, because this is purely to help you as a student. Taking from this would be in my opinion found by a court to be unreasonable and could cause hardship. On the otherhand if you have a part-time job, you would probably have to make payments from this, if ordered to do so by a court.

 

You really should call National Debtline to talk to them about this. They might suggest contacting the claimant to advise of your circumstances, that you are a student and do not have the means to be able to pay more than say £5 a month. If you then pay £5 a month which the claimant is happy with, then you at least you don't have the worries about any further court enforcement. But obviously paying regularly does mean that any statute of limitation barring is kicked into the future and you will have the remaining debt still to be settled. Perhaps talking through your options with National Debtline is going to be the best thing for you to do.

[student123uk]

Well im surprised because the DCA are legally allowed to enforce this apparently once they have the CCJ.

 

Well the debt is a credit card debt from 3 years ago.

 

I went travelling and buried my head in the sand,

 

came back and started university,

 

obviously I moved address so didn't receive anything in the post.

 

I checked my credit report a couple of months ago and saw the CCJ sitting there.

[renegadeimp]

Name and shame the DCA. If you never recieved the claim forms, getting rid of the CCJ is pretty easy.

[dx100uk]

recieved...

 

dx

[dx100uk]

Name and shame the DCA. If you never recieved the claim forms, getting rid of the CCJ is pretty easy.

 

yep you really must front this

 

who was the creditor

 

give us the full rundown.

 

they got the CCJ by the backdoor

 

do you really think they'll

 

then try to arrest your money..

 

me thinks not.

 

they'll get hammered in court when the truth comes out if they try.

 

complete history please

 

dx