March, 2007 Insolvencies Fall

2005 Bankruptcy StatisticsNEWS FLASH! May 1, 2007: The bankruptcy statistics for March 2007 were released on the Internet today.

Insolvencies Decline in March, 2007 by 4.6%,

Year to Date Insolvencies are down by 1.2%.

Current Month:

    Consumer Bankruptcies down 7.1% compared with the same month last year.

    Business Bankruptcies down 9.3% compared with the same month last year.

    Proposals rose 6.6% compared with the same month last year.

Year to Date:

    Year to Date Insolvencies dropped by 1.2% compared to the same month last year.

    Consumer Bankruptcies down 3.9% compared with the same period last year.

    Business Bankruptcies down 7.8% compared with the same period last year.

    Proposals rose 12.0% compared with the same period last year.

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

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