Bankruptcy applications in January almost equal last year’s total

Almost as many people applied for bankruptcy in January as in the whole of last year, according to the latest figures from the Department of Justice.

The Courts Service has told Justice Minister Alan Shatter that in 2013, there were 19 applications for self-adjudicated bankruptcy, of which 17 were declared bankrupt and two were adjourned to this year.

“In 2014, 17 applications had been lodged in the Examiners Office as of January 27, of which six cases are listed before the courts,” said Mr Shatter.