399 commercial and consumer judgments were awarded by the Irish courts this November – these judgments were worth E35.6m.
This represents a 7.2% drop in the number of judgment awards when compared to November 2012 (430) – the figure of E35.6m is an increase of just over 35% on the Nov 2012 figure (E26.3m)
Consumers were the hardest hit this November accounting for 72% of all judgments awarded (289) – those judgments were worth E32.8m (92% of the total value of judgment awards during the month).
The average value of a consumer judgment increased sharply this November when compared to last. Last November saw an average of just over E71,000 per consumer judgment – this is now up 59% to E113,000 approximately.
The number of commercial judgment awards this November is identical to the figure from 12 months ago – 110. The value of these judgments, however, has dropped.
Last November we saw E3.5m awarded against companies for failure to repay debts – this has fallen by 20% to E2.8m