CCJ The End Of Your Credit Road? How A CCJ Mortgage Can Help
There is nothing worse than County Court Judgements, things get so bad that your creditors have to drag your debt disputes through the courts for all
to see. And the aftermath is just as bad. Creditors continue to circle round, there is no chance of any more financial help and there is a real prospect of
losing your home. Some might think its the end of the road after a long time struggling with debt, but they would be wrong. A CCJ mortgage could not
only save your home, but could be the first of a long line of good financial decisions that will see you back on your feet. A CCJ comes about once a
creditor has successfully proved, in front of a County Court Judge, that you owe money. You must then pay that debt and unfortunately this mark will
be on your credit rating for six years. This obviously will give you an adverse credit status and will limit your borrowing, that is unless you take out a
CCJ mortgage and start cleaning your credit. As well as a CCJ mortgage being the best choice for adverse borrowers, might be your only choice. As
the credit crunch comes home to roost in the UK, lenders are becoming ever warier to lend to adverse clients. Only those who are hand in hand with a
good adviser will be able to benefit. An adviser will have the inside track on the best lenders offering the most competitive, realistic CCJ mortgage. A
CCJ mortgage can only be found with the help of an adviser. This is because these loans are highly specialised deals, conjured up by highly
specialised adverse lenders who exclusively deal with advisers. They only deal with advisers as they rightly believe that a CCJ mortgage is too
complex and too risky to not be advised on at every step of the process. So your first step to getting rid of your CCJ woes is to talk to your mortgage
adviser. But why should you bother with a CCJ mortgage at all? Would that not lead to more debt problems, it seems ridiculous to be considering
more loans just after being dragged into Court.