According to the source, ²ú²¹²Ô°ì°ù³Ü±è³Ù³¦²â,Ìýis a form of debt relief available for anyone who is unable to pay their debts. Assets owned will vest in a trustee in bankruptcy, who will sell them and distribute the proceeds to creditors.Â
In England and Wales, bankruptcy rates among adults aged 18 to 24 fluctuated between 2014 and 2025. The highest rate was recorded in 2017, reaching *** bankrupted adults per 10,000. The lowest rate occurred between 2022 and 2025 at which remained steady at ***.
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GOV.UK. (March 27, 2026). Bankruptcy rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in bankruptcy numbers per 10,000 adults) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1616186/young-adult-bankruptcy-rates-england-wales/
GOV.UK. "Bankruptcy rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in bankruptcy numbers per 10,000 adults)." Chart. March 27, 2026. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1616186/young-adult-bankruptcy-rates-england-wales/
GOV.UK. (2026). Bankruptcy rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in bankruptcy numbers per 10,000 adults). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1616186/young-adult-bankruptcy-rates-england-wales/
GOV.UK. "Bankruptcy Rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in Bankruptcy Numbers per 10,000 Adults)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Mar 2026, /statistics/1616186/young-adult-bankruptcy-rates-england-wales/
GOV.UK, Bankruptcy rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in bankruptcy numbers per 10,000 adults) ÌÇÐÄÆÆ½â°æ, /statistics/1616186/young-adult-bankruptcy-rates-england-wales/ (last visited August 05, 2026)
Bankruptcy rates of 18-24-year-olds in England and Wales from 2014 to 2025 (in bankruptcy numbers per 10,000 adults) [Graph], GOV.UK, March 27, 2026. [Online]. Available: /statistics/1616186/young-adult-bankruptcy-rates-england-wales/