The number of people declared bankrupt more than doubled last year.
Courts Service figures show that in the busiest 12 months ever for the courts, orders were also made to wind up 128 companies -- a 66pc increase on 2008.
The latest figures show 17 people went bankrupt in the High Court in 2009, with a dozen more so far this year.
Meanwhile, 600 new repossession cases have come into the system since June 2.
BNP leader is royal guest
British National Party leader Nick Griffin will attend a Buckingham Palace garden party today in defiance of left-wing activists.
The far-right politician is expected to be among the 8,000 guests at the event which will be hosted by the queen and also attended by the Duke of Edinburgh.
Mr Griffin's invitation, made in his capacity as an MEP, has caused outrage among anti-fascists.
NY cops hold rapper Foxy
Rapper Foxy Brown has been arrested in New York city for allegedly violating an order of protection.
A police spokesman said he had no details on the arrest in Brooklyn, which is not Brown's first brush with the law.
She pleaded guilty in 2008 to menacing a neighbour with her cell phone. The rapper and neighbour Arlene Raymond got into a fight in July 2007 over Brown blasting her car stereo outside their building.
The 30-year-old entertainer also spent seven months in jail for a Manhattan case involving a fight with manicurists in a nail salon.
Argentine gays can now marry
President Cristina Fernandez has signed a new law making Argentina the first country in Latin America to legalise marriage for same-sex couples.
Civil registries will now begin processing long lists of marriage applications from gays, with the first such ceremony in Buenos Aires set for August 13.
"Today we are a society that is a little more egalitarian than last week," Ms Fernandez said at the signing ceremony to cheers from representatives of groups for gays and lesbians.