The typical insolvent debtor in the 2020 try 43 years old, prone to become men and generally unmarried or separated.
The average insolvent debtor in the 2020 was 42.9 yrs . old, avove the age of 42.5 from inside the 2019. This was initially from inside the several years one insolvencies moved on for the a mature group.
Debtors aged 31 in order to 39 always make up the best part of people submitting insolvency, bookkeeping having 31.5% of all filings. not, 2020 spotted an increase in the new ratio off filers aged fifty and you can olderbined, debtors old fifty and you will older accounted for 31.8% of all filings, right up regarding twenty eight.3% a-year before.