Debt recovery court judgements in Sligo rise by record 6,700%

CONNACHT saw a historic surge in debt recovery court judgements during 2009, while Dublin and Munster are weathering the economic storm better than most.

The total value of court judgements against businesses in Connacht soared dramatically from the fourth quarter of 2008 to Q4 2009. For instance, Sligo leapt from just €9,006 to €612,365, an unprecedented spike of 6,700%.

Figures released yesterday by business research specialists ICC Information showed court judgements soared from €13m in 2008 up to €36m in 2009.