WIESBADEN – As reported by the Federal Statistical Office (Destatis), in August 2009, German insolvency courts reported 12,874 insolvencies; 2,619 of them referred to enterprises and 7,858 to consumers. The total number of insolvencies increased 3.5% compared with August 2008, enterprise insolvencies increased 12.3% and insolvencies of consumers increased 0.3%. From January to August 2009 106,907 insolvencies (+2.2%) were registered, 21,807 of which were enterprise insolvencies (+15.5%). Altogether the courts registered 65,710 consumer insolvencies, which were 1.1% less in January to August 2008. The change rates from January to August 2009 refer to computations without Nordrhein-Westfalen. >>> Brief methodological description For further information please call: Michael Ziebach, tel: +49 611 75 2811,
