Personal insolvencies decline 17 January 2012 5:10PM Consumer lending, Personal insolvency activity fell in the December 2011 quarter, during which 7689 people either became bankrupt, or entered Part IX debt agreements or Part X insolvency agreements.The latest data from Insolvency and Trustee Services Australia shows a reduction of four per cent on the September quarter, when there were 8012 insolvencies.The December figure is a reduction of two per cent on the December quarter in 2010.Bankruptcies were down four per cent year on year, while Part IX agreements were up 2.9 per cent, and Part X agreements were down 3.4 per cent.