Statistics of civil cases for debt

Category News Articles

09 Dec 2011

An 18.9 percent decrease in the total number of civil summonses issued for debt was recorded for the three months ended October 2011.

During October 2011, 42 526 civil judgements for debt amounting to R419.9 million were recorded.

This is according to Statistics South Africa (Stats SA) data of civil cases for debt.

Data revealed that the major contributors to the 18.9 percent decrease were the promissory notes and other acknowledgements of debt category (contributing -9.2 percentage points), the other debts category (contributory -5.4 percentage points) and the money lent category (contributing -5.0 percentage points).

The three months ended October 2011 reflected a 23.8 percent decrease in the total number of civil judgements recorded for debt compared with the same period in October 2010, says Stats SA.

Stats SA says the main drivers behind the 23.8 percent decrease were civil judgements relating to, the money lent category (contributing -11.4 percentage points), the services category (contributing -4.5 percentage points) and the promissory notes and other acknowledgements of debt category (contributing -4.1 percentage points).

There was a 24.0 percent decrease in the total value of civil judgements recorded for debt for the three months ended October 2011 compared with the three months ended October 2010.

Data indicates that the major contributors to the 24.0 percent decrease were the money lent category (contributing -13.9 percentage points) and the promissory notes and other acknowledgements of debt category (contributing -4.8 percentage points).

During October 2011, 42 526 civil judgements for debt amounting to R419.9 million were recorded.

The largest contributors to the R419.9 million were, money lent (R103.0 million or 24.5 percent), other debts (R77.2 million or 18.4 percent), services (R75.1 million or 17.9 million) and goods sold (R72.4 million or 17.3 percent). –