Cookies disclaimer

I agree Our site saves small pieces of text information (cookies) on your device in order to deliver better content and for statistical purposes. You can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings you grant us permission to store that information on your device.


JUDGMENTS AGAINST IRISH CONSUMERS AND BUSINESSES SEE MAJOR FALLS IN 2020

The number and total value of judgments registered against Irish consumers and businesses saw large falls in 2020 compared to 2019, figures released today by registrar Irish Judgments show.

The number of judgments against consumers fell by 62 percent, from 2,456 to just 930. The total value fell by 79 percent, from €192 million in 2019 to €39 million in 2020.

The average value of consumer judgments fell by 46 percent, from €78,066 to €42,289 and the median value by 39 percent, from €13,705 to €8,406.

Judgments against Irish businesses fell less, by 33 percent, from 676 to 455. The total value registered against businesses fell by 51 percent, from €13.3 million to just €6.4 million. The average value of business judgments fell by 28 percent from €19,629 to €14,170.

Mick McAteer as Registrar commented: “The latest data showing huge falls in the number and value of Irish judgments in 2020, suggests that income support and regulatory interventions have shielded Irish households and businesses from the worst effects of the financial shocks caused by Covid-19. But, the picture may be very different once the support measures are unwound.”

Half Year 2019 Half Year 2020 Change (compared with 2019)
Judgments against consumers
volume 2,456 930 -62.13%
total value €191,730,353 €39,328,526 -79.49%
average* value €78,066 €42,289 -45.83
median value €13,705 €8,406 -38.66%
Judgments against all businesses
volume 676 455 -32.69%
total value €13,269,279 €6,447,358 -51.41%
average* value €19,629 €14,170 -27.81%
median value €6,952 €5,320 -23.48%
Judgments against incorporated businesses
volume 467 301 -35.55%
total value €10,599,421 €4,713,411 -55.53%
average* value €22,697 €15,659 -31.01%
median value €4,936 €3,730 -25.95%
Judgments against unincorporated businesses
volume 209 154 -26.32%
total value €2,669,858 €1,733,947 -35.05%
average* value €12,774 €11,259 -22.86%
median value €4,936 €3,730 -24.43%
Satisfactions
volume 122 43 -29.71%
total value €29,136,115 €13,915,362 -52.24%
average* value €238,821 €323,612 35.50%
median value €34,084 €20,366 -40.25%

For more information please contact

press@registry-trust.org.uk

+44 207 391 7287

www.registry-trust.org.uk

Notes for editors

Irish Judgments is part of Registry Trust, a non-profit company established in 1985. Registry Trust maintains public records of judgment and decree information for all jurisdictions in the British Isles and Ireland.

Irish Judgments holds a public register of judgments registered at the Four Courts in Dublin.

The figures are based only on judgments registered at the request and cost of creditors at the Four Courts in Dublin and therefore provide only a partial picture of debt in Ireland.

Judgments can be removed from the register if paid in full within one calendar month of the issue date and Irish Judgments is informed, but will otherwise remain registered for six years. If fully paid outside the one calendar month, the defendant can apply to have the judgment marked as ‘satisfied’ to improve their credit rating.

Anyone may search for entries against a named person or business at a stated address or a corporate body in the Republic of Ireland, Northern Ireland, Scotland or England and Wales by visiting Registry Trust’s website www.trustonline.org.uk or by writing to Irish Judgments at Irish Judgments, Ulysses House, Foley Street, Dublin 1.