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.”
|Half Year 1 2020||Half Year 1 2021||Change (compared with 2020)|