Trade and Industry written question – answered at on 21 May 2004.
To ask the Secretary of State for Trade and Industry how many cases have been handled by the Insolvency Service Protracted Realisations Unit in each year since 1998; what the (a) gross and (b) net flow of cases was in each year; and what the average professional fee charged by an insolvency practitioner handling a protracted realisations unit case during that time was.
The Protracted Realisations Unit was created in October 1999, the figures in the table list how many cases had been handled in each year by the Unit from October 1999 to
Year to 31 March | B/fwd | Input | Sent to IPs | Closings | C/fwd |
---|---|---|---|---|---|
1999 | None | — | — | — | — |
September 1999 to 31 March 2000 | 33,027 | 1,355 | 519 | 1,724 | 32,139 |
2001 | 32,139 | 4,727 | 1,382 | 3,205 | 32,279 |
2002 | 32,279 | 3,816 | 1,926 | 3,303 | 30,866 |
2003 | 30,866 | 3,816 | 2,762 | 5,078 | 26,842 |
2004 | 26,842 | 1,566 | 3,876 | 3,200 | 21,332 |
Total | — | 15,280 | 10,465 | 16,510 | — |
The Insolvency Service does not hold details of the average Insolvency Practitioner fee for handling a protracted realisations unit case. The fees are charged by the Insolvency Practitioner which may vary on a case-by-case basis.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.