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.


DEBT JUDGMENTS REGISTERED AGAINST CONSUMERS IN JERSEY FALL BUT BUSINESS JUDGMENTS RISE IN THE FIRST HALF OF 2021 COMPARED TO LAST YEAR

The total number of judgments issued against consumers in the Jersey Petty and Royal Courts in the first half of 2021 (H1 2021) was 422, a fall of nine percent compared to the 465 issued in the same period last year, according to data published today [27.07.2021] by Registry Trust.

The total value of judgments issued against Jersey consumers also fell, by just under 10 percent, from £845,127 in H1 2020 to £762,327 in H1 2021. The average value of judgments in H1 2021 was £1,806, largely unchanged from £1,817 in H1 2020. The median remained the same at £204.

There were 47 judgments issued against Jersey businesses in H1 2021 compared to 27 in H1 2020, a rise of 74 percent. The total value of judgments against businesses also rose by 70 percent, from £100,440 to £170,719. The average value fell slightly, by just over two percent, from £3,720 to £3,632. The median value fell sharply, by 38 percent, from £2,072 to £1,295.

Registry Trust Chair, Mick McAteer, said: This time last year judgment activity had more or less ceased as measures were applied to protect consumers and businesses from the economic impact of Covid. Judgment activity has resumed but the recent data suggests that consumers are still being shielded from the economic and financial shocks created by the Covid.”

-Ends-

Half Year 1 2020 Half Year 1 2021 Change (compared with 2020)
Consumer judgments
volume 465 422 -9.2%
total value £845,127 £762,327 -9.7%
average* value £1,817 £1,806 -0.6%
median £204 £204 0%
Business judgments
volume 27 47 74.1%
total value £100,440 £170,719 69.9%
average* value £3,720 £3,632 -2.3%
median £2,072 £1,295 -37.5%
Satisfactions
volume 22 49 122.7%
total value £17,463 £88,066 404.3%
average* value £794 £1,797 126.4%
median £175 £946 442.1%

For more information contact

press@registry-trust.org.uk

020 7391 7287

www.registry-trust.org.uk

Notes for editors

Registry Trust is a non-profit company established in 1985. Registry Trust holds a public register of Jersey judgments. It collects judgments from the petty debts and royal court in agreement with the Jersey Courts.

Judgments can be removed from the register if paid in full within one calendar month of the issue date and Registry Trust 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’ and that should have a favourable impact on the credit score.