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Bankruptcy

Volume 464: debated on Wednesday 17 October 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many (a) bankruptcy orders and (b) individual voluntary agreements were recorded in (i) 1996-97 and (ii) the most recent year for which figures are available. (158120)

The table shows the number of bankruptcies and individual voluntary arrangements in England and Wales for financial years 1996-97 and 2006-07.

Bankruptcy orders

Individual voluntary arrangements

1996-97

21,058

4,441

2006-07

64,610

47,975

Notes:

Figures are not seasonally adjusted.