Written Reply by Minister for Law Edwin Tong on data on individuals adjudicated bankrupt by age group and repeat bankruptcies in past 10 years
04 NOV 2025
4 November 2025 Posted in Parliamentary speeches and responses
Question for Written Answer
Mr Saktiandi Supaat (Member of Parliament for Bishan-Toa Payoh GRC)
Question
To ask the Minister for Law (a) for each of the past 10 years, what number and percentage of individuals adjudicated bankrupt were aged (i) 24 and below, (ii) 25 to 40, (iii) 40 to 54 and (iv) 55 and above; and (b) within each of those age bands, how many were not first-time bankrupts.
Written Answer:
- For the period from 2016 to September 2025, the number of individuals adjudicated bankrupt aged (i) 24 and below, (ii) 25 to 39, (iii) 40 to 54 and (iv) 55 and above are tabulated below.
| Both first-time and repeat bankrupts | |||
|---|---|---|---|
| Age of bankrupt at bankruptcy | All bankrupts | Repeat bankrupts only | 2021 - 2025 Sep |
| 24 and below | 52 | 0 | 7 years |
| 25 to 39 | 3,552 | 25 | 7 years |
| 40 to 54 | 5,709 | 339 | 7 years |
| 55 and above | 2,925 | 345 | 6 years |
Last updated on 4 November 2025