Galway Bay fm newsroom - It's been revealed that there were 18 bankruptcies declared in Galway during 2019.
New research suggests that the 'end-game' is in sight for bad debts arising from the financial crash which began in 2008.
There were 18 bankruptcies declared in Galway throughout this year - an average of almost 7 per 100 thousand population.
It places Galway around the mid-point of the national tables.
According to the Irish Independent, the report compiled by Stubbs Gazette show an 'end-game' is in sight for bad debts with stem from the financial crash of 2008 and lengthy recession which followed.
Judgements valued at almost €199m have been registered this year, compared to just under €270m during 2018.
The highest number of bankruptcies based on per capita figures was recorded in Co. Offaly - with almost 17 per 100 thousand population.
High figures were also recorded in counties Cavan, Sligo, and Donegal.
Meanwhile, both Carlow and Leitrim had zero bankruptcies throughout 2019 - while there was only a single case recorded in Co. Longford.
