WIESBADEN – As reported by the Federal Statistical Office (Destatis), in October 2009, German insolvency courts reported 14,180 insolvencies; 2,848 of them referred to enterprises and 8,929 to consumers. The total number of insolvencies increased 6.7% compared with October 2008, enterprise insolvencies increased 15.9% and insolvencies of consumers increased 4.2%. From January to October 2009 135,517 insolvencies (+4.1%) were registered, 27,565 of which were enterprise insolvencies (+11.7%). Altogether the courts registered 83,564 consumer insolvencies, which were 1.8% more than in January to October 2008. >>> Brief methodological description For further information please call: Michael Ziebach, tel: +49 611 75 2811,
