An increasing number of people are checking for County Court Judgments (CCJs) before doing business, research has shown. The latest statistics on debt judgments in England and Wales from Registry Trust show in the last quarter 23,774 searches were made on judgment information, 25.7% more than during the third quarter of 2010. The statistics for the third quarter of 2011 show that the total value of CCJs against businesses rose by £27m on Q2, up from £136m in Q2 to £163m in Q3 – a 19.9% increase.
Comparing the figures for Q3 this year with the same period of 2010, the value of CCJs against businesses shows a 6.4% increase of £9.8m from £153.2m to £163m. Meanwhile judgment numbers have risen 7.5% over the last quarter and remain comparable to...Read more here--> More businesses checking CCJs