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Down with CCJs

Judges gavel and law books stacked behindCounty court judgements were down to 27000 in the first quarter of 2014. Only the second time since 2000 that they have dipped below 30000 in any one quarter and 6% down on same quarter last year

http://www.insolvencynews.com/article/17052/industry/county-court-judgements-drop-to-new-quarterly-low

Interesting to speculate the reasons why

There has been a suggestion that businesses have simply become more risk adverse during the recession and this less likely to incur difficult debts . That might makes sense. Credit control has probably never been more necessary and had such a high profile

I think that is the most likely explanation. My additional thought is that maybe there is an element of the uplift in the construction industry contributing to the improved figures. That is certainly a seor where CCj’s are routinely incurred

The other side of the coin is that corporate insolvencies were up nearly 5% , so it cannot be taken as proof that risk has lessened over the period

 

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