Bankruptcy

Business, Innovation and Skills written question – answered at on 8 July 2014.

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Photo of Stella Creasy Stella Creasy Shadow Minister (Business, Innovation and Skills)

To ask the Secretary of State for Business, Innovation and Skills what the (a) average total debt, secured and unsecured, in debtor petition bankruptcies, (b) average total debt, secured and unsecured, in creditor petition bankruptcies and (c) median unsecured debt in all bankruptcies was of individuals who filed for bankruptcy in each of the last five years.

Photo of Jo Swinson Jo Swinson Parliamentary Under-Secretary of State (Department for Education) (Women and Equalities) , The Parliamentary Under-Secretary of State for Business, Innovation and Skills

The data requested are not available in the Insolvency Service’s data warehouse in a form that would allow this question to be answered. The data for individual bankrupts are held on the Insolvency Service’s case management system, but cannot be extracted and aggregated except at disproportionate cost.

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