PERSONAL insolvencies in Calderdale rose rapidly last year.
Accountancy firm RSM Tenon said Halifax was harder hit than other areas, with a rise of 19 per cent.
It estimated there were 436 cases compared to 365 in 2009.
And, it said, the figures show a 48 per cent increase compared to the pre-credit crunch period in 2008.
Willie Duncan, of RSM Tenon, said: “In 2008, Halifax had just 295 personal insolvencies which shows a massive rise.
“Halifax has been harder hit by the economic downturn.”
With the VAT increase and the inevitable rise in interest rates combined with the public sector cuts, RSM Tenon is predicting continuing record levels of personal insolvencies throughout 2011.