Who's Doing What in Court? Judicial Statistics 2005
Credit Management › Nbr. 10/2006, October 2006
Linked as:
Summary
The Tribunals Service joined the unified DCA on Apr 3, 2006, helping to boost its public spending by L750 million, and its budget 23% to L3.9 billion in 2005/2006. High Court warrants are surprisingly down, too -- by a full 12,000. Charging orders have reached a new high of 65,676 in 2005, with an increase of 44% over 2004. As with attachments, this reflects the fact that creditors are increasingly seeking to target relevant assets. Debt collection is the most important element of defended County Court business, with 77% of Small claim trials and 61% of all trials comprising debt-based cases. Winding up and bankruptcy petitions issued by creditors rose 21% and 19% respectively in comparison with 2004. Meanwhile, no such attention has been drawn to the stratospheric progress of Individual Voluntary Arrangements, up 35% over the previous quarter's 8,235 to 11,105, and up 152% for the half year compared with the first half of 2005!
See the full content of this document
Extract
Who's Doing What in Court? Judicial Statistics 2005
The DCA Judicial Statistics (the Report) for 2005 appeared on 25 May, including insolvency information now published quarterly in the same way as the Insolvency Service, but a week behind. The framework remains as last year, but I have knocked out the QB trial figures, for two good reasons. First they have arguably little to do with debt litigation and recovery, but second the relevant details are now missing from the Report!
The Tribunals Service joined the unified DCA on 3rd April 2006, helping to boost its publ...See the full content of this document
Sponsored links
