At LCollect we believe that knowledge is power. Every month our debt collection blog gives you practical tips, stories and news from around Australia and the world.
ITSA have released the latest bankruptcy statistics on Part IX & Part X Debt Agreements.
|2008 / 2009||2009 / 2010||% Change|
|Total Personal Insolvency Activity||36,487||36,506||increase of 0.05%|
|Bankruptcies||27,483||27,507||increase of 0.09%|
|Part IX Debt Agreements||8,567||8,428||decrease of 1.62%|
|Part X Arrangements||437||571||increase of 30.66%|