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IVAs

Man looking worried

Bankruptcies on the rise

The number of people going bankrupt jumped by over 12% over the summer, while the number of companies going bust has leapt by 26% over the past year. Read more

Consumers warned of mis-leading IVA promotions

Consumers have been warned about unsolicited mailings that mislead and encourage them to cancel existing IVAs and opt for a debt management solution such as bankruptcy instead. Read more

Rising costs increase pressure on debtors

The number of people going bankrupt or taking out an IVA has fallen by 13% in the last year but the ongoing credit crunch could reverse this trend going forward, experts warn. Read more
Looking at bills

Insolvencies set to rocket despite dip in 2007

The number of people declaring themselves insolvent fell in the last three months of 2007 but experts warn that bankruptcies and IVAs will rocket in 2008. Read more

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