Insolvency proceedings completed by 2015: creditors received an average 2.2% of the debts owed to them

By   /  May 17, 2017  /  Comments Off on Insolvency proceedings completed by 2015: creditors received an average 2.2% of the debts owed to them

    Print       Email

MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Insolvency proceedings completed by 2015: creditors received an average 2.2% of the debts owed to them

WIESBADEN – In insolvency proceedings in Germany (without Bremen) that were opened in 2011 and completed by the end of 2015, creditors received an average 2.2% of the debts owed to them. The Federal Statistical Office (Destatis) also reports that this coverage ratio was determined as the ratio between the amount available for distribution (213 million euros) and the prorated claims of creditors (9.7 billion euros). The losses of creditors amounted to 9.5 billion euros.For further information:Michael Ziebach,tel: +49 (0) 611 / 75 28 11,contact form
Press release in other language
to the top

    Print       Email

You might also like...

BMW Motorsport News – Ausgabe 25/2019.

Read More →