Analysis and Studies - Studies
Private insolvencies fall again - More older Germans affected by a private insolvency
October 14th 2019
The number of private insolvencies in Germany continues to decline. In the first half of 2019, 42,235 consumers had to file for bankruptcy - the lowest number since 2004. The number of private bankruptcies fell by 1.4 percent year-on-year (H1 2018: 42,846). This is the conclusion reached by the information service provider CRIFBÜRGEL in the new study "Debt Barometer 1st Half 2019". For 2019 as a whole, CRIFBÜRGEL currently expects up to 88,000 private insolvencies in Germany, the ninth consecutive decline for the year (2018: 88,995).
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