Monthly company and individual insolvency statistics for England and Wales, as well as Northern Ireland, and monthly company statistics for Scotland. For England and Wales, Breathing Space scheme statistics and the numbers of company moratoriums and restructuring plans are also included.
Monthly company and individual insolvency statistics for England and Wales, as well as Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic. For England & Wales, Breathing Space scheme statistics are also included. For England & Wales and Scotland, the numbers of company moratoriums and restructuring plans are also included.
Monthly Insolvency Statistics, June 2021 gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.
Some 13,000 more people could benefit from a solution designed to help them with problem debt from next month, under proposals published by the Government today.
The Insolvency Service announced a raft of changes to Debt Relief Orders, which have been described as bankruptcy-lite and are aimed at those who have little money to pay their debts.
From 29 June those who owe less than £30,000 will be able to apply for a DRO, up from £20,000 currently.
The application comes with a £90 fee which will remain unchanged, despite a review by regulators in February calling it a significant barrier to uptake .
Debt Relief Orders are aimed at those who have little money to pay mounting debts