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Latest Insolvency Statistics

Statistics from Credit Action (covering England & Wales)

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Keeping up to date with the latest figures

Paul Thomas trades as TISolutions - FCA license FRN 686104

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In England and Wales -

 

340 people a day were declared insolvent or bankrupt between April and June 2019.

 

14 properties were repossessed daily in the 2nd quarter of 2019.

 

Borrowers paid £139 million a day in interest in June 2019.

 

In the 1st quarter of 2019 lenders wrote off £1,260 billion (of which £432 million was credit card debt, amounting to a daily write-off of £4.8 million)

 

3,242 County Court Judgements (CCJs) were issued between January and June 2019, with an average value of £1,445.