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Bankruptcy

Volume 497: debated on Wednesday 14 October 2009

To ask the Minister of State, Department for Business, Innovation and Skills how many individuals with debts of less than £15,000 filed for bankruptcy in each of the 12 months from April 2008. (289485)

The number of individuals with debts of less than £15,000 who filed for bankruptcy in each of the 12 months from April 2008 are as follows:

Number

April 2008

902

May 2008

768

June 2008

873

July 2008

1,033

August 2008

737

September 2008

867

October 2008

944

November 2008

888

December 20087

41

January 2009

845

February 2009

903

March 2009

977

Total

10,478

To ask the Minister of State, Department for Business, Innovation and Skills how many bankruptcies there were in (a) England, (b) Greater Manchester and (c) Stockport of individuals in each age group in each year since 1997. (291309)

[holding answer 16 September 2009]: The available information on the number of bankruptcies in England, Greater Manchester and Stockport, by age group, can be seen in the following tables. Information prior to 2000 is not available on this basis.

Bankrupts by age, England

Age group1

Under 25

25-34

35-44

45-54

55-64

65 and over

Unknown

2000

829

5,510

6,017

3,948

1,565

378

1,933

2001

1,001

5,956

5,691

4,182

1,801

396

2,227

2002

1,191

6,003

6,834

4,175

2,019

559

2,038

2003

1,655

6,915

7,882

4,888

2,491

679

2,117

2004

2,530

8,937

9,949

5,957

3,240

922

2,678

2005

3,338

11,369

13,058

8,103

4,500

1,418

3,584

2006

3,810

14,844

17,751

11,137

6,368

2,152

4,090

2007

2,938

14,797

18,371

12,023

6,727

2,400

4,240

2008

2,769

15,121

19,388

13,260

6,892

2,455

4,256

Bankrupts by age, Greater Manchester

Age group1

Under 25

25-34

35-44

45-54

55-64

65 and over

Unknown

2000

20

196

237

163

62

17

72

2001

31

247

273

187

76

13

125

2002

40

225

289

167

85

22

135

2003

44

255

313

195

91

26

118

2004

74

326

364

266

134

45

87

2005

96

378

508

337

206

66

167

2006

131

604

751

491

295

122

154

2007

121

599

830

578

334

128

147

2008

106

679

887

661

366

118

143

Bankrupts by age, Stockport

Age group1

Under 25

25-34

35-44

45-54

55-64

65 and over

Unknown

2000

1

12

30

24

4

3

9

2001

0

23

29

12

9

0

13

2002

2

11

21

17

10

1

12

2003

5

13

40

25

14

4

7

2004

3

30

31

38

12

6

10

2005

9

40

50

37

17

8

7

2006

13

66

65

41

27

9

8

2007

13

50

77

74

18

13

13

2008

6

62

95

67

40

7

9

1 Where the bankrupt has provided a valid postcode (increasing from 88 per cent. of cases in 2000 to 97 per cent. in 2008).