Personal insolvency numbers – July-Sept 2023
With the annual personal insolvency statistics for 2022-2023 not due until December 2023, AFSA has released a quarterly report for the July-September quarter 2023, showing an increase over the July-September quarter of 2022. That is, there were 3,108 new personal insolvencies in the 3-month period to September 2023 – up from 2,410 in September 2022. […]
“Shock horror – insolvent people don’t have many assets”
While we wait for the useful annual statistics from AFSA as to dividend returns in bankruptcies in 2022-2023,* an insolvency training body in the UK, NTI, has drawn attention to the minimal asset position of most bankruptcies and compulsory liquidations handled by the Official Receiver: Shock horror – insolvent people don’t have many assets UK […]
