Registry Trust publishes Q2 2022 UK & Ireland monetary judgment statistics

Registry Trust publishes Q2 2022 UK & Ireland monetary judgment statistics

Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders, and Fines, has published its Q2 2022 statistics. This data provides an insight into the level of consumer and commercial debt judgments across the UK & Ireland.

There were 229,580 new debt judgments processed in Q2 2022 across all jurisdictions; 7.3% more than during the same period last year. However, the number of monetary judgments marked as ‘satisfied’ on the Register continues to decline with a 6% year-on-year decrease.

In England & Wales, the total value of consumer and commercial monetary judgments increased 84% from £418million in Q2 2021 to £770million in Q2 2022. Scotland and Northern Ireland also saw significant increases in the number of decrees and value of debt registered in Q2 2022 compared to Q2 2021.

The number of debt judgments in Republic of Ireland and Isle of Man decreased while Jersey saw an increase in both the number of judgments and value of debt registered in Q2 2022 in comparison to the same period last year.

The number of judgments in Republic of Ireland and Isle of Man decreased whilst Jersey saw an increase in both the number of judgments and value of debt registered in Q2 in comparison to the same period last year.

Read Registry Trust’s complete Q2 2022 stats report here and watch this space for more detail on the impact of the figures.

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