IVA’s & Bankruptcy
I can’t seem to get away from press stories like this at the moment. Endless tails of public suffering at the hands of today’s economic climate. IVA’s & bankruptcy seem to be particularly hot topics with endless reams of IVA & bankruptcy statistics coming public on a daily basis.
The latest official statistics on IVAs (to be fair they are from Mar 08) and bankruptcies appear to show a reduction on the same period a year earlier ( http://www.insolvency.gov.uk/otherinformation/statistics/200805/index.htm). It’s actually quite an interesting read, although, admittedly most of it goes over my head.
