Accredited official statistics
Individual insolvency statistics April to June 2020
Statistics on new individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland.
Documents
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Details
This statistics release contains the latest data on individual insolvency (people who are unable to pay debts and enter formal procedures).
Statistics are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy.
Main messages
Individual insolvencies in Q2 2020
- Overall numbers of individual insolvencies in England and Wales increased by 12% in Q2 2020
- There was an increase in the overall number of individual voluntary arrangements (IVAs).
- IVAs statistics were affected by an artificial increase in registrations in May 2020, as a result of the technical issues experienced by an IVA provider
- The numbers of bankruptcies and debt relief orders (DROs) decreased in the latest quarter
Updates to this page
Published 30 July 2020
