The number of county court judgments (CCJs) against consumers in England and Wales rose during the third quarter according to figures released by Registry Trust today.
In Q3 2017, 317,793 consumer CCJs were registered in England and Wales rising 24 percent compared with the same period of the previous year. This followed the general trend of the past five years where, except for Q3 2012, the number of consumer CCJs increased when compared with the previous year.
The value of consumer CCJs rose 11 percent to £467,861,240, compared with Q3 2016.
At £1,472, the average value of a consumer CCJ was down 10 percent to a historic low. The Q3 value peaked at £3,680 in 2009 and has decreased year on year since. During Q3 2017, 45 consumer high court judgments were issued, 17 fewer than in Q3 2016.
Collectively the total value of judgments in both county and high courts also fell when comparing the two periods, by 3.7 percent, from £489,987,967 to £471,960,510.
Nearly 12 percent of debt judgments were marked as satisfied during the third quarter of 2017, down from 15 percent in 2016.
CCJs against consumers Q3 2017 (compared with Q3 2016)
- Total: 317,793 (up 24 percent)
- Total Value: £467.86m (up 11 percent)
- Average: £1,472 (down 10 percent)
High Court judgments against consumers Q3 2017
- Total: 45 (down 17)
- Value: £4.1m (down £64.2m)
- Average: £91,095 (down £1m)