Credit, Collections & Insolvency News
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies rose whilst business insolvencies fell in Northern Ireland. The data showed that in January 2025, there were 141 personal insolvencies. This was 26% higher than in January 2024. The insolvvencies comprised of 97 IVAs, 20 bankruptcies and 24 DROs. The business insolvency data…
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The latest monthly statistics from the Insolvency Service have shown that personal insolvencies rose by 30%, while business insolvencies fell by 47%. The data showed that in November 2024 there were 16 business insolvencies registered in Northern Ireland, 47% lower than in November 2023. The business insolvencies was comprised of three compulsory liquidations, 10 CVLs,…
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Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased by 20% and business insolvencies decreased by 24% in Northern Ireland. The data shows that in September 2024, there were 155 personal insolvencies in Northern Ireland. This was 20% higher than in September 2023. The personal insolvencies consisted of112 IVAs, 24 bankruptcies…
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Latest monthly statistics from the Insolvency Service have shown that business insolvencies increased quadrupled, whilst personal insolvencies fell by over 25%r in Northern Ireland in May 2024. The data showed that there were 44 company insolvencies registered in Northern Ireland, the figures were four times higher than in May 2023. The business insolvencies comprised of…
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Latest monthly statistics from the Insolvency Service have shown that business insolvencies doubled and personal insolvencies decreased in Northern Ireland in March 2024. In March 2024 there were 26 company insolvencies registered in Northern Ireland, twice as many as (100% higher than) in March 2023. The business insolvencies comprised of 14 CVLs, 8 compulsory liquidations,…
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Latest monthly statistics from the Insolvency Service have indicated that Northern Irish business insolvencies fall whilst personal insolvencies have risen In June 2023 there were 14 business insolvencies registered in Northern Ireland, 44% lower than June 2022. The business insolvencies comprised of 11 CVLs, two compulsory liquidations and one CVA. There were no administrations or receivership…
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