Skip to main content

Bankruptcy: Elderly

Volume 464: debated on Wednesday 17 October 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many people in (a) England and (b) Suffolk aged 60 years or over declared themselves bankrupt in each year since 1997. (156767)

Bankruptcy statistics broken down by age as well as by region are currently only readily available on the basis of the locations of official receivers offices (each of which cover a group of county courts where the cases are heard and the courts having jurisdiction over these), and for the years 2000 through to 2006.

The table provides estimates of numbers of individuals aged 60 years and over declared bankrupt in the regions considered to be closest to those requested, but they should not be treated as completely accurate statistics because date of birth is not recorded for all bankruptcy cases over the period covered and also because regional statistics based around the jurisdictions of official receivers are not consistent with county or country level geographies.

Estimated numbers of bankruptcy orders, individuals aged 60 and oven 2000 to 2006

Bankrupts aged 60 years and above by geographical area

England and Wales

England

Anglia

Ipswich

2000

973

924

137

22

2001

1,068

1,027

143

18

2002

1,289

1,249

182

23

2003

1,637

1,566

233

23

2004

2,149

2,059

296

25

2005

3,126

3,042

471

38

2006

4,796

4,622

720

72

Notes:

1. Anglia region covers the following OR offices: Cambridge, Ipswich, Northampton, Norwich, St. Albans, Southend-on-Sea.

2. Ipswich’s OR office covers the following county courts: Sudbury, St. Osyth, Ipswich, Colchester and Clacton, Braintree.