When individuals or companies are taken to Court because they have not paid their debts, the resulting action taken by a Court could be a County Court Judgement (CCJ). The Court orders that the money owed is repaid within a specific timeframe. If the debt is not repaid within a set time frame the CCJ will be registered on a credit file that will make getting credit difficult. Further enforcement action, such as bailiff action can be taken by the debtor company if the debt is not repaid within a specified timeframe.
