§ Mr. Gordon PrenticeTo ask the President of the Board of Trade if he will introduce legislation to make it an offence to seek to induce a creditor to delay instituting136W an action for bankruptcy against a debtor solely for the reason that a successful action would disqualify the debtor from membership of the House. [18863]
§ Mr. OppenheimNo. It is for creditors to decide if and when they should institute bankruptcy proceedings.
§ Mr. MackinlayTo ask the President of the Board of Trade how many people have been declared bankrupt in the past three years for debts totalling(a) less than £5,000, (b) £10,000, (c) £20,000, (d) £50,000, (e) £100,000 and (f) £1,000,000 or over or such classification as is available. [18557]
§ Mr. Oppenheim[holding answer 1 March 1996]: The number of bankruptcy orders in England and Wales in the last three years was as follows:
- 1993: 31,016
- 1994: 25,634
- 1995: 21,933.
Information on the size of debts could be obtained only at disproportionate cost.