Garfield AI
Definitions - Legal & Financial Terms
What is a Statute Barred Debt?
A statute barred debt is an old debt that can no longer be enforced through the courts. In England and Wales, most debts become statute barred after...
What does outstanding payment mean?
An outstanding payment is money that's owed to you but hasn't been paid yet. It's "outstanding" in the sense of unresolved or pending (not because...
What is a CCJ?
A CCJ (County Court Judgment) is a court order stating that you owe money to someone and must pay it. If you're chasing a debt, getting a CCJ against...