More than €40m in debt judgments

THE value of debt judgments against consumers and businesses came to more than €40 million in the first quarter of 2010, new figures have shown.

Latest research from the Registry Trust, a non-profit organisation which collects judgment information, revealed the value of debt judgments against consumers rose 75% in just one quarter.

The figures, released yesterday, show the total value of consumer debt judgments rose from €13.8m in the last quarter of 2009, to €21.1m in the first quarter of this year.