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Smaller debts pursued: warning PDF Print E-mail
Thursday, 29 October 2015
The average value of a small claim debt judgment in Northern Ireland has fallen to £1,790, the lowest in the third quarter since the financial crisis, according to figures released today (October 29) by Registry Trust.  

Registry Trust is the non profit organisation which collects judgment information from jurisdictions across the British Isles and Ireland. In Northern Ireland it collects information on defaults and small claims judgments, and High Court judgments. Judgment records, business and consumer, are available for the public to search at A judgment represents incontrovertible proof of unmanaged debt.

The number of small claim judgments in Q3 has increased by four per cent on the previous year to 2,071. The total value of small claim judgments was £3.7m, the lowest in Q3 since the financial crisis and 14 per cent down on Q3 2014. The average value of a small claim judgment was 18 per cent lower than in the third quarter of 2014.

There were 59 High Court judgments (HCJs) in Q3 2015, 26 per cent down on Q3 2014, and a recent low. The total value decreased by 24 per cent on the previous year to £11m whilst the average value saw a three per cent increase to £188,350.

Commenting on the statistics, Malcolm Hurlston CBE, chairman of Registry Trust said: "The number of judgments rose in the last quarter but that may not mean the economic situation is getting worse. Since the average value of judgments fell over the same period it is more likely that creditors are pursuing for smaller amounts. People with judgments against them would be well advised to pay off quickly if they can. ”

During Q3 2015 Registry Trust received 6,143 requests to search the register for Northern Ireland, the bulk of which were made online via Through TrustOnline anybody in Northern Ireland is free to search for judgments and other registered information against businesses and consumers in any jurisdiction in the British Isles and Ireland. “It is a unique benefit for people to be able to check the debt record of any business or person with which they may be transacting. Negative information should at least give pause for thought.” said Mr Hurlston.

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