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