Friday, Dec 15, 2006

IVAs will overtake bankruptcies in 2007, warns Experian

Free Help Advice: IVAs will overtake bankruptcies in 2007, warns Experian

Experian, a business information company, has warned that Individual Voluntary Agreements (IVAs) will overtake bankruptcies in UK next year and more than 100,000 people will become officially insolvent. More and more people in the UK are now trying to walk away from their debts by taking out an IVA and latest figures released by the Insolvency Service show that IVAs and bankruptcies are now neck-to-neck as forms of insolvency and their numbers have gone up significantly over the last few years.

Posted by matt @ 04:04 PM (506 views)
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