Credit, Collections & Insolvency News
Latest monthly figures from the Insolvency Service for England & Wales showed that personal insolvencies remained broadly stable in July 2026 compared to the previous month, with 11,926 people entering insolvency compared to 11,934 in June. Personal insolvencies were 14% higher when compared to July 2025, when the figure was 10,454. The insolvencies consisted of…
Read more
Latest data from the Insolvency Service has shown that business and personal insolvencies in Northern Ireland increased in July 2026. The data showed that there were 169 personal insolvencies in Northern Ireland. This was 10% higher than in July 2025. The insolvencies comprised of 137 IVAs, 15 bankruptcies and 17 DROs. There were 16 business insolvencies,…
Read more
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased whilst business insolvencies declined in June 2026. The data showed that in June 2026, there were 189 personal insolvencies in Northern Ireland. This was 13% higher than in June 2025. The insolvencies comprised 136 IVAs, 20 bankruptcies and 33 DROs. The business insolvencies…
Read more
Latest monthly figures from the Insolvency Service for England & Wales for June 2026 show that there were 11,871 personal insolvencies, 5% higher than in May 2026 and 16% higher than in June 2025. The insolvencies consisted of 674 bankruptcies, 3,879 debt relief orders (DROs) and 7,318 individual voluntary arrangements (IVAs). The 7,318 IVAs registered in…
Read more
Latest monthly figures from the Insolvency Service for England & Wales for May 2026 indicate that there were 11,223 personal insolvencies, 2% higher than April 2026 but 10% higher than in May 2025. Personal insolvencies in May were 10,955. Personal insolvencies were 10% higher in May 2026 compared to the same month in 2025 when…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies fell by 10% when compared to March 2026 but were 7% higher than in April 2025. The data showed that 10,920 individuals entered insolvency in April 2026. The insolvencies consisted of 701 bankruptcies, 4,033 debt relief orders (DROs) and…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 3% when compared to February 2026 and 30% higher than in March 2025, totalling 12,252 personal insolvencies The insolvencies consisted of 654 bankruptcies, 4,523 debt relief orders (DROs) and 7,075 individual voluntary arrangements (IVAs). T The 7,075 IVAs registered…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 18% when compared to February 2025 and 6% higher than in January 2026, totalling 11,609 insolvencies. The personal insolvency data consisted of 768 bankruptcies, 4,210 debt relief orders (DROs) and 6,631 individual voluntary arrangements (IVAs). The 6,631 IVAs registered…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 12% in January 2026 compared to January 2025, rising to 10,843 from 9,644. Personal insolvencies were 20% lower in December 2025 compared to January 2026, when numbers were affected by a temporary backlog. The personal insolvency data consisted…
Read more
Latest data from the Insolvency Service for England & Wales has shown that personal insolvencies increased by 7% in 2025 when compared to 2024, rising to 126,240 from 117,958 in 2042 The annual number of IVAs in 2025 was 7% higher than in 2024, but remained lower than the record high annual numbers between 2019…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies decreased by 12% in November 2025 to a total of 9,343 compared to the October 2025 figure of 10,612. The Insolvency Service moved to a new case management system on 1st November 2025. As a result, there was a…
Read more
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies decreased by 4% in October 2025 to a total of 10,552 individuals. The figures were 4% lower than in September 2025 and 14% higher than in October 2024. The insolvencies consisted of 599 bankruptcies, 3,846 debt relief orders (DROs)…
Read more
Latest Accountant in Bankruptcy data has shown that personal insolvencies in Scotland decreased by 8% to 1,780 in 2025-26 Quarter 2 (Q1), down from 1,935 in Q1 and a decrease of 113 (6%) compared with 2024-25 Q2. There was a significant reduction in the number of Protected Trust Deeds (PTD) and a small reduction in…
Read more