Repossession orders on the up says DCA

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The number of repossession orders has risen significantly during the third quarter of this year, new figures from the Department for Constitutional Affairs (DCA) reveal.

The DCA says there were 34,626 mortgage possession actions entered at the country courts in the third quarter of this year and a total of 24,017 orders were made - 11,603 of which were suspended orders. In the third quarter of 2006 the number of actions entered was 15% higher than in the third quarter of 2005. There was also a rise of 22% in orders made (with 48% of orders made being suspended - compared to 53% in the third quarter of 2005). Overall in the third quarter of 2006 the number of repossession orders requested was 15% higher than in the third quarter of 2005. But the DCA sa...

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