Consumers see number of judgments for indebtedness increase by 28%

THE value of consumer judgments such as bills not being paid in the first quarter of 2011 rose by more than 28% year-on-year.

This is according to Irish Judgments, the company which collates judgment information from the Four Courts.

Almost €113.1 million of consumer debt was registered in the first quarter of this year, compared with just €88.2m over the same period last year — an increase of €24.9m. There were 991 cases in quarter one of this year compared with 807 last year.