Personal bankruptcies fell 25.1 per cent in the June quarter, compared with the same quarter last year, and are now at their lowest level since 1995.According to the latest Australian Financial Security Authority insolvency figures, this fall was offset, to some extent, by an increase in debt agreements, which rose 27 per cent.AFSA does not provide analysis with its data, so there is no explanation for the widely divergent trends.Total personal insolvency activity fell nine per cent in the June quarter, compared with the June quarter last year. Activity in the 2013/14 financial year was down 4.2 per cent on the previous year.There were 3857 bankruptcies during the June quarter, 2979 Part IX debt agreements and 48 Part X insolvency agreements. The largest number occurred in New South Wales, where there were 2217 insolvencies, followed by Queensland (2013) and Victoria (1366).