IRRV Alert - week ending 30th October 2020
News
Reports
Individual insolvency statistics July to September 2020 (30 October 2020)
National Statistics
Individual insolvency statistics July to September 2020
Statistics on new individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland.
Published 30 October 2020
From:
Documents
Commentary - Individual Insolvency Statistics July to September 2020
PDF, 390KB, 13 pages
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Data Tables in Excel (xlsx) Format - Individual Insolvency Statistics July to September 2020
MS Excel Spreadsheet, 610KB
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Data Tables in Open Document Spreadsheet (ods) Format - Individual Insolvency July to September 2020
ODS, 184KB
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Infographic - Individual Insolvency Statistics July to September 2020
PDF, 252KB, 1 page
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Trader Bankruptcies by Industry in Excel (xlsx) Format - Individual Insolvency Statistics July to September 2020
MS Excel Spreadsheet, 614KB
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Trader Bankruptcies by Industry in Open Document Spreadsheet (ods) Format - Individual Insolvency Statistics July to September 2020
ODS, 190KB
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CSV Tables - Individual Insolvency Statistics July to September 2020
View online Download CSV 30.8KB
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Pre-Release Access List - Individual Insolvency Statistics July to September 2020
PDF, 29KB, 1 page
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Details
This statistics release contains the latest data on individual insolvency (people who are unable to pay debts and enter formal procedures).
Statistics are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy.
Main messages
Individual insolvencies in Q3 2020
Overall numbers of individual insolvencies in England and Wales decreased sharply in Q3 2020 when compared with both Q2 2020 and the same quarter in the previous year.
This decrease was driven by individual voluntary arrangements though this was somewhat artificial – a single provider submitted a large number of late registrations in May 2020 resulting in a high volume of IVAs in Q2 2020.
Bankruptcies increased while debt relief orders decreased in the latest quarter, though both remain low.
Published 30 October 2020