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Enterprise Act 2002: Insolvency

Volume 463: debated on Tuesday 17 July 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many (a) fast-track voluntary arrangements and (b) post-bankruptcy individual voluntary arrangements have been made in each year since the introduction of the Enterprise Act 2002. (148969)

The individual insolvency provisions of the Enterprise Act 2002 came into force on 1 April 2004.

2004-05

2005-06

2006-07

Fast track voluntary arrangements

8

9

3

Total number of post-bankruptcy IVAs

135

114

71