Q2 2015 Insolvencies Increase by 1.5%

Total insolvency activity increased in the December quarter by 1.5%, with growth in debt agreements strong at 4.4%. Bankruptcy numbers remain steady and personal insolvency agreements, matters for those with very large amounts of debt/income, declined by 24.1%. Increasing levels of debt agreements vs. bankruptcy is an indicator of financial pressure on families and individuals. … Continue reading Q2 2015 Insolvencies Increase by 1.5%