Q3 2017 Individual Insolvency Statistics England & Wales In ... - Gov.uk

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Q3 2017 Individual Insolvency Statistics England & Wales Total individual insolvencies increased compared with the previous quarter, driven by a rise in IVAs…

Q3 2017 Total

% change from Q2 2017

Total individual insolvencies

25,479

10.6%

Individual voluntary arrangements (IVAs)

15,523

18.3%

Debt relief orders (DROs)

6,274

2.1%

Bankruptcies

3,682

2.2%

0

10,000

20,000

40,000

30,000

…to the highest quarterly level of IVAs recorded

Total individual insolvencies 30,000

highest since Q2 2014 20,000 highest recorded level

IVAs 10,000

DROs

0 2007Q3

Bankruptcies 2009Q3

2011Q3

2013Q3

2015Q3

levelled off following decline stable since Q1 2016

2017Q3 For further information see:

In the 12 months ending Q3 2017, one in 477 adults became insolvent (12 months ending Q2 2017: one in 489)

https://www.gov.uk/government/st atistics/insolvency-statistics-april-tojune-2017 A breakdown of individual insolvencies in 2016 by location, age and gender can be found at: https://www.gov.uk/government/co llections/insolvency-demographics