personal insolvency

Insolvencies reduce but troubled times lay ahead

Personal insolvency levels fell 3% in the last quarter and bankruptcies were down 21% year on year, but the economy isn’t out of the woods yet said RSM Tenon ahead of the release of the officia

Insolvency figures on the up

In the fourth quarter of 2009 35,574 individuals were declared insolvent, an increase of 24.9% on the same period the previous year.