Insolvencies decline by 2.7% in January, 2010.

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NEWS FLASH! April 12, 2010:

Insolvencies decline by 2.7% in January, 2010.

Consumer Bankruptcies were down by 11.9% in January, 2010 compared with the same month in 2009. (6,998/7,944).

Business Bankruptcies were down by 21.0% in January, 2010 compared with the same month in 2009. (354/448).

Proposals were up by 31.3% in January, 2010 compared with the same month in 2009. (3,128/2,383).

For the 12 months ended January 31, 2010 insolvencies were up by 26.4% compared with the 12 months ended January 31, 2009. (158,146/125,087).

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

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