‘Relentless’ rise in CCJs highlights precarious state of household finances

The Registry Trust has today published figures showing that 305,877 county court judgments (CCJs) were registered against consumers in England and Wales during Q1 2018 – more than in any other quarter since current records began in Q1 2005.

Joanna Elson OBE, chief executive of the Money Advice Trust, the charity that runs National Debtline, said: “The relentless rise of CCJs in recent years highlights the precarious state of many household s’ financial positions – and the need for more people to receive free debt advice at a much earlier stage.

“CCJs can have a significantly negative impact on credit ratings, and so the effects of this trend could be felt far into the future.

“With people now being taken to court for much smaller amounts of debts compared to a decade ago, supporting people in financial difficulty and making sure they receive the free debt advice they need has never been more important.

“I would urge anyone struggling with their commitments to seek free advice from a charity-run service such as National Debtline as soon as possible.”