The credit reporting agency Creditreform expects more insolvencies in the second half of 2020 after the insolvency application will no longer be subject to the moratorium currently in force. The number of bankruptcies declined by 8.2 percent in the first half of the year, thanks, in part, to the government’s economic stimulus package. The number of consumer bankruptcies fell 6.4 percent in the first half of the year, but may be subject to a delay.