Debt repayment orders hit record 1.15m in 2019
Industry News | 27/01/20
A record number of county court judgments were issued last year against individuals who fell into debt, double the level of eight years ago. Official figures released by the Registry Trust, which collects information on behalf of the Ministry of Justice, will be seen as further evidence of the “severe financial strain” on UK households. The data show that the number of county court judgments (CCJs) against individuals in England and Wales who failed to repay their debts climbed by 3% – or 30,138 – to 1.15m in 2019. The total is more than double the number in 2012, which was the last time that the figure fell. The Registry Trust report suggested the number of CCJs is likely to rise again in 2020.
Source: The Guardian
GO TO ARTICLE +