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		</div><p>The number of bankruptcies increased by almost 570% last year &#8211; with 448 people being declared bankrupt.<br />
An increase in bankruptcies was widely expected following ther launch of the Insolvency Service of Ireland, in March 2013, which reducted in the term of bankruptcy from 12 to three years.</p>
<p>Figures from the Courts Service Annual Report also showed that the numbers of debt cases at every level of the courts fell significantly last year.</p>
<p>They decreased by 27% in the High Court, 43% in the Circuit Court and 41% in the District Court.<br />
In the criminal courts, drink-driving cases fell by a quarter, but road traffic offences still make up 62% of orders in the District Court.<br />
While there was a 15% decrease in less serious drugs offences.</p>
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