Northern Irish business and personal insolvencies continue to fall

16th December 2020

Northern Irish personal insolvencies decreased by two thirds according to the latest Insolvency Service figures.

Personal insolvencies numbers in November 2020 fell by two-thirds compared with November 2019. There were 91 personal insolvencies down 68% from November 2019; this consisted of 52 IVAs, 17 DROs and 22 bankruptcies.

Company insolvencies in November 2020 fell by three quarters compared with November 2019 numbers There were 7 company insolvencies in Northern Ireland, down 77% from November 2019 this consisted of five CVLs, one administration and one CVA. There were no compulsory liquidations or receivership appointments.

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Northern Irish business and personal insolvencies continue to fall

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