Personal insolvencies reach highest level since GFC – MacroBusiness (blog)

By Leith van Onselen The Australian Financial Security Authority (FSA) has released personal insolvency statistics for 2017-18, which reveals a sharp rise in total personal insolvencies to the highest level since the Global Financial Crisis (GFC), with record high insolvencies reached in WA and NT, and debt agreements also hitting an all-time high: According to…

Personal insolvency rate in Sunderland has significantly increased since 2015 – Sunderland Echo

The rate of personal insolvencies in Sunderland has significantly increased over the last two years, official data has revealed. In 2015, 24.8 adults per 10,000 were declared insolvent in Sunderland, according to Insolvency Service figures. However, by 2017 that figure had risen to 28.1, an increase of 13.6%. Insolvency is when someone cannot pay their…

Rate of personal insolvencies sees significant increase in Sunderland, data reveals – Sunderland Echo

The rate of personal insolvencies in Sunderland has significantly increased over the last two years, official data has revealed. In 2015, 24.8 adults per 10,000 were declared insolvent in Sunderland, according to Insolvency Service figures. However by 2017 that figure had risen to 28.1, an increase of 13.6%. Insolvency is when someone cannot pay their…