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Individual insolvencies in England and Wales since 1960 to present date.
The highest number of IVAs was recorded in 2017.
There has been a continuous fall in the number of bankruptcy orders from 2009 (74,670) to just 15,000 in 2015-2017. In 2009 the cost to petition for bankruptcy was £495, from 21 July 2016 this has increased to £680.
Insolvencies are made up of bankruptcies, debt relief orders (DROs) and individual voluntary arrangements, (IVAs).
When are the next Insolvency Figures released?
9.30, 30 July 2019, which will cover the second quarter of 2019.
| Year | Total | Bankruptcy Order |
Individual Voluntary Arrangements |
Debt Relief Orders |
| 1960 | 3,220 | 2,944 | - | - |
| 1961 | 3,941 | 3,642 | - | - |
| 1962 | 4,602 | 4,273 | - | - |
| 1963 | 4,370 | 4,129 | - | - |
| 1964 | 3,766 | 3,552 | - | - |
| 1965 | 3,762 | 3,556 | - | - |
| 1966 | 4,062 | 3,862 | - | - |
| 1967 | 4,386 | 4,224 | - | - |
| 1968 | 4,298 | 4,150 | - | - |
| 1969 | 4,772 | 4,552 | - | - |
| 1970 | 5,087 | 4,907 | - | - |
| 1971 | 4,793 | 4,643 | - | - |
| 1972 | 4,337 | 4,244 | - | - |
| 1973 | 4,917 | 3,817 | - | - |
| 1974 | 5,718 | 5,608 | - | - |
| 1975 | 7,271 | 7,143 | - | - |
| 1976 | 7,207 | 7,108 | - | - |
| 1977 | 4,485 | 4,403 | - | - |
| 1978 | 3,902 | 3,826 | - | - |
| 1979 | 3,500 | 3,456 | - | - |
| 1980 | 4,038 | 3,986 | - | - |
| 1981 | 5,151 | 5,075 | - | - |
| 1982 | 5,700 | 5,654 | - | - |
| 1983 | 7,032 | 6,981 | - | - |
| 1984 | 8,229 | 8,178 | - | - |
| 1985 | 6,776 | 6,728 | - | - |
| 1986 | 7,155 | 7,093 | - | - |
| 1987 | 7,427 | 6,994 | 404 | - |
| 1988 | 8,507 | 7,717 | 779 | - |
| 1989 | 9,365 | 8,138 | 1,224 | - |
| 1990 | 13,987 | 12,058 | 1,927 | - |
| 1991 | 25,640 | 22,632 | 3,002 | - |
| 1992 | 36,794 | 32,106 | 4,686 | - |
| 1993 | 36,703 | 31,016 | 5,679 | - |
| 1994 | 30,739 | 25,634 | 5,103 | - |
| 1995 | 26,319 | 21,933 | 4,384 | - |
| 1996 | 26,271 | 21,803 | 4,466 | - |
| 1997 | 24,441 | 19,892 | 4,545 | - |
| 1998 | 24,549 | 19,647 | 4,901 | - |
| 1999 | 28,806 | 21,611 | 7,195 | - |
| 1999 | 28,806 | 21,611 | 7,195 | - |
| 2000 | 29,528 | 21,550 | 7,978 | - |
| 2001 | 29,775 | 23,477 | 6,298 | - |
| 2002 | 30,587 | 24,292 | 6,295 | - |
| 2003 | 35,604 | 28,021 | 7,583 | - |
| 2004 | 46,650 | 35,898 | 10,751 | - |
| 2005 | 67,584 | 47,291 | 20,293 | - |
| 2006 | 107,288 | 62,956 | 44,332 | - |
| 2007 | 106,647 | 64,481 | 42,166 | - |
| 2008 | 106,544 | 67,428 | 39,115 | - |
| Year | Total | Bankruptcy orders | IVAs | DROs |
| 2009 | 134,142 | 74,670 | 47,641 | 11,831 |
| 2010 | 135,089 | 59,194 | 50,716 | 25,179 |
| 2011 | 119,943 | 41,876 | 49,058 | 29,009 |
| 2012 | 109,640 | 31,787 | 46,674 | 31,179 |
| 2013 | 100,998 | 24,571 | 48,881 | 27,546* |
| 2014 | 99,223 | 20,345 | 52,190 | 26,688 |
| 2015 | 80,404 | 15,845 | 40,384 | 24,175 |
| 2016 | 90,657 | 15,044 | 49,417 | 26,196 |
| 2017 | 99,196 | 15,052 | 59,220 | 24,894 |
| 2018 | 115,299 | 16,582 | 71,034 | 27,683 |
| 2019** | 31,527 | 4,162 | 20,315 | 7,040 |
|
* For the first time in 2013 there were more DROs than bankruptcies. ** Q1 January - March 2019. DebtWizard prediction for 2018 - 110,000 combined insolvencies (16,000 bankruptcies, debt relief orders 26,000 and 68,000 IVAs). |
Source for content above www.insolvency.gov.uk
Consumer insolvencies reach highest Q since 2010
30th April 2019
