The number of debt judgments marked as satisfied in Jersey almost halved during the first half of 2018, according to figures released today by Registry Trust.   

 In Q1 and Q2 2018, a total of 895 debt judgments were made, four percent fewer than during the same period last year. Despite falling in number, the total value of judgments skyrocketed 43 percent compared to a year prior. A massive 53 percent spike in the total value of consumer judgments disproportionately accounted for this increase.

 Two mammoth outlying consumer judgments, each to the value of £965,262, greatly skewed the scale of this increase. Excluding these judgments the total value of judgments registered fell by a quarter; the value of consumer judgments fell by 43 percent.  The total value of business judgments rose 19 percent.

 There were 8.5 judgments issued per 1,000 people in Jersey, compared with 10.8 per 1,000 people in England and Wales, during Q1 and Q2 2018.

 During the period, 5.3 percent of Jersey’s judgments were satisfied. This contrasts with 9.7 percent during the first half of 2017, 83 percent more.

 Registrar Malcolm Hurlston CBE said “Jersey consumers should make sure that they apply for a satisfaction if they have paid off their debt in full. If they don’t, they miss out on a great opportunity to improve their record and typically make borrowing easier and cheaper.”


  • All judgments for Q1 and Q2 2018 (compared with Q1 and Q2 2017)   
    • Total: 895 (down 4 percent)
    • Total Value: £4,100,807 (up 43 percent)
    • Average Value: £4,582 (up 49 percent)
    • Median: £312 (down 26 percent)
  • Amended all Q1 and Q2 2018 judgments*
    • Total: 893 (down four percent)
    • Total Value: £2,170,283 (down 25 percent)
    • Average Value: £2,430 (down 21 percent)
  • Q1 and Q2 2018 Consumer judgments
    • Total: 805 (down one percent)
    • Total Value: £3,063,042 (up 53 percent)
    • Average Value: £3,805 (up 54 percent)
    • Median: £243 (down 32 percent)
  • Amended Q1 and Q2 2018 consumer judgments*
    • Total: 803 (down one percent)
    • Total Value: £1,132,518 (down 43 percent)
    • Average Value: £1,410 (down 43 percent)
  • Q1 and Q2 2018 Business judgments
    • Total: 90 (down 30)
    • Total Value: £1,037,765 (up 19 percent)
    • Average Value: £11,531 (up 59 percent)
    • Median: £2,146 (down two percent)

*Excluding two consumer judgments each to the value of £965,262.