Bad debt judgments rose 56% in value last year

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Bad debt judgments rose 56% in value last year via IrishTimesBiz

The value of bad debt judgments in the Republic rose 56 per cent to €67 million in 2021, according to figures from business information group CRIFVision-net.

However, the number of judgments remained similar to the level seen in 2020, rising just 0.6 per cent to 1,329, it said. In both consumer and commercial instances, the collector general of the Revenue Commissioners was the top plaintiff.

Source: Loan Digest (loandigest.net)

 

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