Over EUR55m awarded to Creditors for non-payment of debts in August 2012 - the highest monthly total recorded in almost 2 years, with consumers worst affected.
Corporate and Consumer judgments awarded last month totalled €55.5m, the highest recorded in any month since October 2010 (€88.9m).
386 judgments worth €49.8m (90%) were awarded against consumers this August - an average of just over €129,000 per judgment. That represents a 71% increase on the average value of a consumer judgment in the same period in 2011 (€75,000 approx.).
€5.7m worth of judgments were awarded against companies last month. Almost 40% of these were split between Local Authorities (County and Town Councils) and the Revenue Commissioner.
The latest Consumer and Corporate judgments are available on Vision-net.ie. To view the most up-to-date information on non-payment of debt simply Login to Vision-net.ie today.
The number of companies that have collapsed this year. This figure is down 12% compared to last year
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PREDICTIVE CREDIT REPORTS
Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.
- 25 Companies
E8 (Notice Of Appointment Of Receiver)
- 7 Companies
- 0 Company
The number of companies that have closed this week.
- 285 Companies
- 421 Businesses
- 891 Companies
HIGH COURT NOTICES
- 0 Company
- 276 Companies
- 284 Companies