WIESBADEN – As reported by the Federal Statistical Office (Destatis), in 2007, German insolvency courts reported 164,597 insolvencies, 29,160 of them referred to enterprises and 135,437 to other debtors. While enterprise insolvencies decreased 14.6% compared with 2006, an increase was observed in the total number of insolvencies (+2.0%) and in insolvencies of other debtors (+6.4%).
The latter group includes in particular consumers (105,238; +9.0%), individuals, for example as members of partnerships and formerly self-employed persons (27,969; –1.4%) and deceased persons' estate insolvencies (2,230; –4.4%).
