Debtors in PMB feel the pinch

2010-04-30 00:00

THE impact of the recession continues to be felt in Pietermaritzburg, judging by the number of civil cases recorded for debt in this city during February.

The number of civil cases continued to rise in the city — by 32,9% year on year to 2 069 cases in February 2010 — from 1 557 in in the same month a year ago.

Cases recorded for debt in Pietermaritzburg during January 2010 increased eight percent year on year to 1 851 from 1 713 in January 2009.

In contrast, the number of civil cases recorded for debt in Durban in February 2010 decreased slightly, by 1,2% year on year, to 7 669 from 7 766 in February 2009.

For the three months ended February 2010, the number of civil cases recorded for debt in Pietermaritzburg surged by 16% compared to the same period in 2009.

Nationally, the total number of civil judgments recorded for debt increased by 5,6% in February 2010 compared with the same month in 2009, while the total number of civil judgments for the three months ended February 2010 rose 3,8% year on year.

Stats SA said there was a 21,6% year-on-year increase in the value of civil judgments recorded for debt in February 2010.

During February 2010, 59 491 civil judgments for debt amounting to R631,8 million were recorded in South Africa.

As expected, the main contributors were money lent, other debts and promissory notes and other acknowledgements of debt.

The number of civil summonses issued for debt in February 2010 was 3,1% higher compared with February 2009. In the three months ended February 2010, the number of civil summonses issued rose 2,7% year on year.

The total number of civil cases recorded for debt in Pietermaritzburg in 2009 increased 12,1% year on year, from 19 284 to 21 618.

The figure for 2008 was 10,7% higher than the 2007 figure of 17 420.

Civil judgments are decisions taken in a civil matter or a dispute between two parties. Civil summonses are notices to appear before a court where a dispute between two parties is to be heard (that is, not for a criminal offence).

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