Judgments for unpaid debt surge to €9.4m

COURT judgments (CJs) against companies for the recovery of unpaid debt continues to rise, with €9.4 million worth lodged in the third quarter of this year.

That represents an increase in value of 44% on Q3, 2008, despite a decline in the actual number of judgments from 671 to 499 for the period under review.

It brings the total value of judgments since the start of 2009 to a massive €27.3m, with 1,149 rulings lodged.