Apr 18, 2026
According to the UK government’s Individual Insolvency Statistics, the number of personal insolvencies registered in England and Wales increased in March. The total of 12,252 cases represented a three percent rise from the previous month and a thirty percent increase compared to the same period a year earlier.
The monthly total comprised 654 bankruptcies, 4,523 debt relief orders, and 7,075 individual voluntary arrangements. The figure for debt relief orders set a new monthly record since this form of insolvency was established, surpassing the prior high recorded in February. Individual voluntary arrangements also rose above both the preceding month’s total and the average monthly…