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Reduced number of personal insolvencies in Q3 2020
Alec Pillmoor

30 October 2020

The number of individuals entering a personal insolvency procedure has reduced by approximately 40 per cent compared with the previous quarter.

Personal insolvencies: on the decline, or a temporary respite?
Alec Pillmoor

30 April 2020

The number of individuals entering a personal insolvency procedure has fallen for the fifth consecutive quarter.

Personal insolvencies reach highest annual level since 2010
Alec Pillmoor

30 January 2020

The number of individuals entering a personal insolvency procedure in England and Wales has reduced slightly compared to the previous quarter, but the annual figure for the calendar year 2019 rose by 6 per cent versus the previous year, the highest level since 2010.

Personal insolvencies rate continues to rise
Alec Pillmoor

30 July 2019

The number of individuals entering a personal insolvency procedure shows few signs of slowing as the rolling 12-month insolvency continues to rise, representing the highest Quarter 2 figure since 2010.

Worrying rise in 18-25 year-olds entering formal insolvency procedures
Alec Pillmoor

26 July 2019

RSM is predicting that official figures, due to be published next Tuesday, will show a 9 per cent rise in personal insolvency rates in England and Wales in quarter two when compared to the same quarter last year.

Rate of personal insolvencies continues to rise
Alec Pillmoor

01 May 2019

The number of individuals entering a personal insolvency procedure shows few signs of slowing as the rolling 12-month insolvency rate rose further in the last quarter, representing the highest quarter one figure since 2010.

RSM predicts continued rise in Bankruptcy numbers
Alec Pillmoor

26 April 2019

RSM is predicting that official figures, due to be published next Tuesday, will show a 6 per cent rise in quarter one bankruptcy rates in England and Wales compared to both the previous quarter and quarter one in 2018.

Personal insolvencies reach eight-year high
Alec Pillmoor

30 January 2019

The number of individuals entering insolvency is at an eight-year high with insolvency voluntary arrangements hitting a record high, according to new official figures published today.

Overall personal insolvencies fall slightly as bankruptcies rise
Alec Pillmoor

30 October 2018

While overall personal insolvencies fell in the quarter to 30 September 2018 by 2.5 per cent compared to the same period in 2017, the rise in creditor-petitioned bankruptcies suggests that creditors are getting tougher on problem debtors.

Young adults most at risk from interest rate rise
Alec Pillmoor

01 August 2018

Alec Pillmoor, personal insolvency partner at RSM comments ahead of a possible interest rate rise. "We know that any rate rise is likely to be limited, but that doesn't mean that it won't be felt – particularly by indebted young adults."

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