Bankruptcies in New Zealand decreased to 50 Individuals in April from 107 Individuals in March of 2020.
Bankruptcies in New Zealand averaged 195.49 Individuals from 2003 until 2020, reaching an all time high of 341 Individuals in November of 2006 and a record low of 50 Individuals in April of 2020. This page provides - New Zealand Bankruptcy Adjudications- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Bankruptcy Adjudications - values, historical data and charts - was last updated on July of 2020. source: New Zealand Insolvency and Trustee Service
New Zealand Bankruptcy Adjudications
In New Zealand, bankruptcy refers to a legal process where the assets of an insolvent person are administered and distributed by the Official Assignee for the benefit of all of their creditors.