County court judgments (CCJs) against struggling borrowers have surged, leaving more vulnerable consumers at risk of being chased for debts as the UK prepares to lift its ban on repossessions.
The wind down of some Covid support, including payment holidays introduced at the start of the pandemic, contributed to a record increase in CCJs in the final months of 2020, according to the Registry Trust, which runs a non-profit register of judgments. They had fallen sharply at the start of the pandemic thanks to targeted government support.
There were 194,203 new CCJs taken out against individuals in England and Wales who fell behind on debts in the fourth quarter, compared with 112,261 in the previous three months.
The news prompted calls for a c…
Read the full article at: https://www.theguardian.com/money/2021/jan/13/calls-covid-debt-relief-package-county-court-judgments-soar
