Bankruptcies Decrease as Amount of IVAs Rises
Insolvency statistics for the period January to March 2014 have been released. They show a 14.3% increase in Individual Voluntary Arrangements over the previous quarter, despite a decrease in the amount of individual insolvents. The figures show over half of all personal insolvents now make voluntary agreements with their creditors. Bankruptcies, meanwhile, fell by 15%… Continue reading..