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Economy and enterprise

Personal insolvency statistics

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Overview

Title

Personal insolvency statistics

Description

Individual insolvencies made up of bankruptcy orders and individual voluntary arrangements (IVAs), as counts and rates (per 10,000). Individual insolvencies in 2008 for England and Wales are made up of bankruptcy orders and individual voluntary arrangements (IVAs). Insolvent individuals in England and Wales are dealt with mainly under the Insolvency Act 1986. A bankruptcy order is made on the petition of the debtor or one or more of his creditors when the court is satisfied that there is no prospect of the debt being paid. There are also individual voluntary arrangements (IVAs) and deeds of arrangement, which enable debtors to come to an agreement with their creditors.

Source

Insolvency Service

Coverage

Geographic coverage

England and Wales

Geographic units

Local Authority District (LAD), Government Office Region (GOR), National

Time coverage (most recent)

2011

Time coverage

2000 to 2011

Update frequency

Annually

Data quality

Type of data

Administrative data

Reliability

Inaccurate or missing postcodes mean that regional counts will be subject to an element of missing data.

Additional information and context

Background information

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Notes on using

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