This is according to Irish Judgments, the company which collates judgment information from the Four Courts.
Almost €113.1 million of consumer debt was registered in the first quarter of this year, compared with just €88.2m over the same period last year — an increase of €24.9m. There were 991 cases in quarter one of this year compared with 807 last year.
Licensing of those providing debt advice is a good thing. There is a heavy responsibility on those providing advice to those already in financial difficulty. They need to be professional in delivering this service and not add to the burden already being felt by individuals and families.
