WIESBADEN – As reported by the Federal Statistical Office (Destatis), in February 2010, German insolvency courts reported 13,487 insolvencies; 2,558 of them referred to enterprises and 8,632 to consumers. The total number of insolvencies increased 11.3% compared with February 2009, enterprise insolvencies increased 6.9% and insolvencies of consumers increased 15.9%. In January and February 2010, 26,507 insolvencies (+6.9%) were registered, 5,105 of which were enterprise insolvencies (+5.5%). Altogether the courts registered 16,897 consumer insolvencies, which were 10.1% more than in January and February 2009.
