Bankruptcy
Business, Enterprise and Regulatory Reform

Photo of Anne Begg

Anne Begg (Aberdeen South, Labour)

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many homes were sold in creditor bankruptcy cases in each year since the implementation of the Enterprise Act 2002.

Photo of Pat McFadden

Pat McFadden (Minister of State (Employment Relations and Postal Affairs), Department for Business, Enterprise & Regulatory Reform; Wolverhampton South East, Labour)

The Insolvency Service does not hold this information as the realisation of bankrupts' interest in properties is generally undertaken by an insolvency practitioner acting as trustee rather than the Official Receiver. However, as part of the evaluation of the Enterprise Act 2002, the Insolvency Service is collecting information on property realisations in a sample of all bankruptcy cases in England and Wales. This study is ongoing and the final results will be published in autumn 2007. Interim reports are available on the Insolvency Service website at:

www.insolvency.gsi.gov.uk

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