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2009-2010 Bankruptcy Statistics
Sunday, August 01, 2010 - Posted by Philip HarveyITSA have released the latest bankruptcy statistics on Part IX & Part X Debt Agreements.
They show the following;
| 2008 / 2009 | 2009 / 2010 | % Change | |
| Total Personal Insolvency Activity | 36,487 | 36,506 | increase of 0.05% |
| Bankruptcies | 27,483 | 27,507 | increase of 0.09% |
| Part IX Debt Agreements | 8,567 | 8,428 | decrease of 1.62% |
| Part X Arrangements | 437 | 571 | increase of 30.66% |
Overall, activity has been fairly consistent from the previous year. 2008 / 2009 saw interest rates drop and in theory decreased pressures. 2009 / 2010 saw increased pressures, with the bankruptcies remaining consistent.
Source: ITSA
Source: ITSA
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