Welcome to our May Commercial Credit Management Q&A Blog
Credit Management Group UK
MAY 1, 2024
Question One: We have obtained a Default Judgment against one of our customers, however the customer now wants us to remove the judgment and accept payment in instalments. We would prefer to get paid the full amount immediately. Where do we stand? Answer: If the debtor pays the full amount of the judgment debt to you within 30 days of the date of the Judgment, they can apply to have the Judgment removed from their record, to do this you will need to confirm to the court you have received payment
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