Default Notice

A Default notice is a formal letter issued to you by your creditor advising that you are in default of payment. Your creditor will usually send you a default notice after three to six missed payments. You are given at least fourteen days to pay. If ignored you creditor may use a default notice as the first step towards legal action against you and could result in you receiving a CCJ which will affect your credit rating. A default notice will remain on your credit file for 6 years.

Received a Default Notice?

If you have received a default notice and are unable to continue to make payments or repay your arrears, the key is to act now before your debt problem worsens.

Take control of your finances – Speak to a Debt Advisor today

If you have found yourself struggling with debt, the advice is not to panic but to address the situation as soon as possible. There are many solutions to help you manage your debts, we at DFH can help you to determine the best solution for your circumstances and help you regain control of your finances.

Find out more about:

Debt Management Plans
Individual Voluntary Arrangements (IVA)
Bankruptcy
View our Debt Help FAQs