Archive for August, 2009
Wednesday, August 19th, 2009
Figures published by the Insolvency Service on the 7th August 2009 showed that between April and June 2009, c33,000 people declared themselves formally insolvent (through bankruptcy or Individual Voluntary arrangement). This was nearly a 30% increase in the same quarter the previous year and a 10% increase compared to the ...
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Tuesday, August 18th, 2009
The cost of bankruptcy is an aspect you need to investigate before you decide that this is the way for you to get out of your financial situation. Since you are already broke you do not want to end up in a situation where you will end up in more ...
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Monday, August 17th, 2009
Where a debtor is struggling to repay their debt, one of the options to resolve the problem is the Individual Voluntary Arrangement (or IVA). An IVA allows a debtor to pay as much as they can afford towards their debt over a fixed period of time (normally five years). One ...
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