Why insolvency doesn\’t have to be so bad
Thankfully, insolvency has moved on a lot since the days of Dickens. Unless you’ve actively committed fraud, you’re not going to prison. In fact, you’re not even going to be under house arrest. You’ll certainly be living on a tight budget, but your basic needs will be covered. All-in-all, therefore, modern insolvency has stopped being […]
Why are so many people becoming insolvent?
A look at the insolvency statistics over the last 10 years, shows that both 2009 and 2010 had very high levels of insolvencies, which is hardly a surprise given that they followed 2008. After this, however, the number of insolvencies fell each year until 2015, after which it began to climb again. The jumps between […]