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INDIVIDUAL INSOLVENCIES
There were 27,087 individual insolvencies in England and Wales in the third quarter of 2008 on a seasonally adjusted basis. This was an increase of 8.8% on the previous quarter and an increase of 4.6% on the same period a year ago.
This was made up of 17,341 bankruptcies (which were up 12.1% on the [...]
COMPANY INSOLVENCIES
There were 4,001 compulsory liquidations and creditors’ voluntary liquidations in total in England and Wales in the third quarter of 2008 (on a seasonally adjusted basis). This was an increase of 10.5% on the previous quarter and an increase of 26.3% on the same period a year ago.
This was made up of 1,483 compulsory [...]
There were 24,553 individual insolvencies in England and Wales in the second quarter of 2008 on a seasonally adjusted basis. This was a decrease of 2.0% on the previous quarter and a decrease of 8.3% on the same period a year ago.
This was made up of 15,297 bankruptcies, a decrease of 1.3% on the previous [...]
The number of people facing bankruptcy has fallen compared with a year ago, says the Ministry of Justice.
The statistics show that one type of bankruptcy petition filed with the courts in England and Wales fell by 15% from the first quarter of 2007 to the same three months of 2008.
But the figures, which give an [...]