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Bankruptcy

Volume 459: debated on Thursday 26 April 2007

To ask the Secretary of State for Trade and Industry how many individuals applied for individual voluntary arrangements in each of the last five years; and if he will make a statement. (134479)

There are no published statistics on the number of individuals who have applied for an individual voluntary arrangement. However there are published statistics for the numbers of individual voluntary arrangements approved by creditors for the last five years and they show

IVAs

2002

6,295

2003

7,583

2004

10,752

2005

20,293

2006

44,332