Large increase in unpaid debt and insolvencies in North

The number of County Court Judgements (CCJ) against companies in the North for the recovery of unpaid debt has increased significantly, it has been revealed today.

In December 2008, there was an increase of 48% in CCJs compared to December 2007, according to figures from ICC Information Group Ltd. However, there was a 28% decrease in CCJ activity between November and December 2008.