Wyndham recorded the highest number of debtors entering personal insolvency within the greater Melbourne area in the June quarter this year.
There were 93 personal insolvencies recorded in Wyndham between April and June, according to the Australian Financial Security Authority. That compares with 80 personal insolvencies between January and March.
Elsewhere in the west, Melton recorded 50 personal insolvencies in the June quarter (56 previously), Brimbank 40 (48 previously), Hobsons Bay 22 (20 previously) and Maribyrnong 14 (20).
A partner in insolvency firm Jirsch Sutherland, Malcolm Howell, said increased levels of personal insolvency were due to a varie…
Read the full article at: http://www.starweekly.com.au/news/debt-distress-for-wyndham/