Insolvency
Bankruptcies in 2013 could drop to lowest level since 2005Insolvency statistics fell to their lowest level for five years as debtors choose cheaper alternatives, but the data masks the true state of the economy, say experts. |
Debt Relief Orders weapon of choice for debtors with no assetsThe Insolvency Service reports a nine per cent drop in the number of people being declared insolvent in 2012 but experts warn that this is not necessarily good news. |
Insolvency figures hide true picture of debt in the UKThere was a rise in bankruptcies in the first quarter of 2012 but personal insolvencies declined, according to the Insolvency Service but experts believe the true picture may be distorted. |
New report finds 24% increase in companies facing insolvencyA report issued today by Begbies Traynor revelas that there was a 24 per cent increase in companies suffering from financial distress in the final quarter of 2011. |
Insolvency Service urges young people with debt to seek helpYoung people in Britain may be facing more debt than ever, but they have been advised that help is available. |
UK personal insolvencies fall but more businesses struggleThere was a slight fall in the number of personal insolvencies in the third quarter of 2011 but a rise in business bankruptcies, according to the Insolvency Service. |
Insolvencies stabilising, official figures showThe insolvency rate in the UK is flattening out for both businesses and individuals, new figures have shown. |
Drop in personal insolvencies welcomedFigures from the Insolvency Service suggest a change in consumers' approach to spending. |
Insolvencies down 13.6% in 4th quarterIndividual insolvencies across England and Wales totalled 30,729 during the fourth quarter of 2010, according to a report from the Insolvency Service. |
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