350% increase in unpaid debt judgements in Donegal

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There has been a significant increase in the amount of court judgements against companies in Donegal.
The figures relate to court actions taken against companies for the recovery of unpaid debt and cover the second quarter of 2010.
The value of court judgments in Donegal  for unpaid debt in the second quater of this year compared to the same period last year is up by 350%.
There were eleven cases with a total value of almost 692 thousand euro, this compares to 153 thousand euro for the same period in 2009.
Nationally the sector coming under the most pressure is construction, followed by what is described as business activity then hotels and restaurants followed by manufacturing.
Across the country there were 552 cases before the courts with 14.2 million euro of judgements equating to an average court judgement of 26 thousand euro per case.


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