Insolvencies decline by 6.1% in April, 2012

Bankchart1980-2011

NEWS FLASH! June 29th, 2012:

Insolvencies decline by 6.1% in April, 2012 compared with the same month the previous year.

Consumer Bankruptcies were down by 14% for the year ended April, 2012 compared with the previous year (75,513/87,786).

Business Bankruptcies were down by 8.1% for the year ended April, 2012 compared the previous year. (3,514/3,822).

Proposals were up by 5.3% for the year ended April, 2012 compared with the the previous year. (46,896/44,531).

For the 12 months ended April 30, 2012 insolvencies were down by 7.5% compared with the previous year. (125,923/136,139).

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

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