Credit, Collections & Insolvency News
Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies decreased by 0.6% to 10,465 in November 2022 compared to 10,528 in October, but were 11.4% higher than November 2021’s figure of 9,390, and 8.9% from November 2019’s total of 9,606. There were 2,269 DROs which was 10% higher than…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 4.9% to 10,514 in October 2022 compared to 10,023 in September, The figures were 8.6% higher than October 2021’s figure of 9,682 and were also 4.6% higher than October 2019’s total of 10,056. There were 531 bankruptcies were…
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Latest quarterly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies numbers decreased by 4.9% to 27,927 in Quarter 3 (Q3) 2022 compared to 29,361 in Q2, and were 2.3% higher than Q3 2021’s figure of 27,302. Q3 2022’s figures fell 12.4% when compared to Q3 2019’s total of 31,864.…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 4.5% to 10,013 in September 2022 compared to 9,584 in August, and were 0.5% higher than September 2021’s figure of 9,967. Personal insolvencies also decreased 18.5% from September 2019’s total of 12,280. There were 535 bankruptcies registered,…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 4.1% to 9,572 in August 2022 compared to 9,198 in July, and were 5% higher than August 2021’s figure of 9,117. Personal insolvencies also increased 7.4% from August 2019’s total of 8,910. The figurse showed that there…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies decreased by 12.7% to 9,190 in July 2022 compared to 10,527 in June, and were 1.1% higher than July 2021’s figure of 9,090. There were 531 bankruptcies registered, which was 16% lower than in July 2021 and 64% lower than…
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Latest quarterly statistics from the Insolvency Service have indicated that Northern Irish personal insolvencies increased. The figures showed that in July 2022 showed that there were 160 individual insolvencies in Northern Ireland, 13% higher than in July 2021, but 19% lower than July 2019. The personal insolvencies consisted of 142 IVAs, 12 DROs and six bankruptcies. Business insolvency…
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Latest quarterly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies saw a quarterly decrease, but rose by 6.5% from the same time last year. Analysis of the figures showed that there were 28,946 seasonally adjusted personal insolvencies in Q2 2022, a decrease of 10.1% compared to Q1 2021’s figures…
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Latest quarterly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies numbers decreased by 6.4% to 9,824 in June 2022 compared to 10,497 in May, and were 0.3% lower than June 2021’s figure of 9,852. For individuals, 471 bankruptcies were registered, which was 37% lower than in June 2021 and 64%…
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Latest figures from the Insolvency Service have indicated that personal insolvencies in England & Wales decreased by 18.5% to 9,409 in April 2022 compared to 11,550 in March, and were 4.7% lower than April 2021’s figure of 9,873. The personal insolvencies figures show that there were 530 bankruptcies registered, which was 36% lower than in April…
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Latest statistics quarterly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies numbers have reached their highest total number in over three years, since Q4 2018. The figures reveal that there were 32,305 (an increase of 16.8%) individuals entering either bankruptcy (1,679) a debt relief order or DRO (6,629) or…
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Latest quarterly statistics from the Insolvency Service have shown that Northern Irish business insolvencies increased by 273% whilst personal insolvency figures also rose slightly. The figures indicated that there were 56 company insolvencies in Northern Ireland in Quarter 1 2022 (Q1), nearly four times higher (an increase of 273%) than in the same quarter of…
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Latest figures from the Insolvency Service have indicated that personal insolvencies in England & Wales increased by 17.2% to 11,530 in March 2022 compared to 9,836 in February and were 5.3% higher than March 2021’s figure of 10,953. There were 2,512 DROs and 633 bankruptcies in March 2022 in England & Wales. The number of…
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