TopicsEmployment and Skills (1)
PublishersThe Insolvency Service (1)
Smallest GeographyLocal Authority (1)
- Updated 7 months agoThe Insolvency ServiceTables show Individual insolvencies made up of bankruptcy orders and individual voluntary arrangements (IVAs), and New Debt Relief Orders as counts and rates (per 10,000 people). Insolvent individuals in England and Wales are dealt with mainly under the Insolvency Act 1986. A bankruptcy order is made on the petition of the debtor or one or more of his creditors when the court is satisfied that there is no prospect of the debt being paid...