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A record 4,239 debt relief orders were issued in August 2025, driven by rising financial distress and the removal of a £90 fee.
A record 4,239 debt relief orders were issued in August 2025, the highest monthly total since their introduction, as financial insolvency in England and Wales rose 16% compared to August 2024.
The increase follows the abolition of a £90 fee in April 2024, expanding access to DROs.
Insolvency totals reached 11,348, including 622 bankruptcies and 6,487 individual voluntary arrangements, with IVAs also rising above recent averages.
Company insolvencies increased 6% year-on-year, reaching 2,048.
Experts cite ongoing economic pressures, high interest rates, and cost-of-living challenges as key drivers.
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Se emitieron un récord de 4.239 órdenes de alivio de deudas en agosto de 2025, impulsadas por la creciente angustia financiera y la eliminación de una tarifa de £ 90.