Northern Ireland debt judgements decrease

25th October 2016
The total number and value of debt judgments in Northern Ireland during the third quarter of the year fell to its lowest level since before the financial crisis, according to figures released today by Registry Trust.

The value of debt judgments before courts in the north was £4.5 million in the three months to September with the number issued falling to record lows.

There were 1,746 small claims judgments in Q3 2016, a year on year decrease of 16 percent. While the total value fell 14 percent to £3.2m, the average value of a small claims judgment rose slightly by 3 percent to £1,834.

Meanwhile, the total number and value of judgments issued by the High Court similarly fell to its lowest third quarter level on record, with only 17 judgments registered and worth a total value of £1.3m. The average value of a High Court judgment was £78,978.