Where did all the bankruptcies go?

 

Statistics from the Insolvency Service show that although the number of personal insolvencies have increased, the number of bankruptcies has significantly fallen. Instead Individual Voluntary Arrangements (IVA) are proving more popular solutions to debt.

 

bankruptcy infographic

 

If you are considering bankruptcy or want to know more information about the other options available, we can help you find the best option for your situation. Call our team today on 01709 331300 to arrange your free, no-obligation consultation.