The bankruptcy statistics for February 2007 were released on the Internet today.
The insolvency rate (consumer bankruptcies, business bankruptcies and proposals) declined by 0.9%:
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Consumer Bankruptcies down 4.0% compared with the same month last year.
Business Bankruptcies up 1.7% compared with the same month last year.
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Proposals rose 10.7% compared with the same month last year.
Year to Date Insolvencies rose by 1.0% compared to the same month last year:
Consumer Bankruptcies down 1.8% compared with the same period last year.
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Business Bankruptcies down 6.8% compared with the same period last year.
Proposals rose 15.5% compared with the same period last year.
For more information and more detailed analysis please refer to this site.
