2009 Records the highest number of Insolvencies in History.

bankchart1980-2009

NEWS FLASH! March 3, 2010:
2009 Records the highest number of Insolvencies in History.

Consumer Bankruptcies were up 28.4% in 2009 compared with 2008 (116,381/90,160).

Business Bankruptcies were down by 12.1% in 2009 compared with 2008 (5,420/6,164).

Proposals were up by 38.5% in 2009 compared with 2008 (36,640/26,460).

Total Insolvencies were up by 28.6% in 2009 compared with 2008 (158,441/123,234).

For more information and more detailed analysis please refer to this site.

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