Individual Insolvency Statistics, July to September 2019
Statistics on new individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland.
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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
Insolvencies in Q3 2019
- Total individual insolvencies increased slightly in Q3 2019.
- This was mainly driven by an increase in individual voluntary arrangements.
- Individual insolvencies remain elevated due to increased volumes of individual voluntary arrangements. The last 4 quarters have been the highest since Q4 2010.
- Bankruptcies fell both in comparison to the previous quarter and the same quarter last year.
Updates to this page
Last updated 13 January 2020 + show all updates
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Minor punctuation change to title for consistency
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First published.