Friday, 5 February 2010


These figures were released by the Insolvency Service this morning.

134,142 - That is the total number of individual insolvencies in England and Wales for 2009. Of this 74,670 were bankruptcies (me being one of them) - the numbers are up over 10% of the 2008 figure. Astoundingly this is approximately 1 in 320 of the adult population. Not only am I not alone, the chances are that if there isn't anyone else going through this in my street then they are pretty much only a street away.

Here is a graph, taken from the Insolvency Service statistics for 2009:

Sobering, or what.