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Latest news
More talk of IVAs in Ireland
In recent months, there has been a lot of talk about introducing IVAs (Individual Voluntary Arrangements) in Ireland as an alternative to bankruptcy, and this has continued in an article on independent.ie.
In the article, insolvency expert Tom Kavanagh brands Irish insolvency laws as `draconian`, and says that compared with the laws in the UK, Ireland is in the "Dark Ages".
Insolvencies in Scotland - new figures
The Accountant in Bankruptcy (AiB - Scotland`s Insolvency Service) has published official figures showing how many people in Scotland became insolvent in the last three months.
Between April and June 2010, 5,378 people in Scotland were declared insolvent. This was an increase of 4% on the previous quarter, but still a decrease of 15% on the same time period last year.
DROs by area
Figures from the Insolvency Service reveal how many people entered an IVA , bankruptcy or a DRO (Debt Relief Order) per area in 2009.
Here, we`ll look specifically at the DRO figures. Unlike the figures for IVAs and bankruptcies, there aren`t any figures from the first quarter of last year, as DROs were only introduced in April.
Latest news
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IVAs in Ireland - report due in September
It looks like the Irish Government`s introduction of IVAs is moving ahead. As sbpost.ie (the Sunday Business Post) tells us, we`ll hear more in September when a report ... -
Rugby club chairman enters IVA
Ted Richardson, Chairman of the Wakefield Trinity Wildcats, has confirmed that he has entered an IVA. In an open letter to the shareholders and supporters of the club, Mr ... -
Annual energy statements could help billpayers stay out of debt
Consumers could save as much as £1,000 on their energy bills over the next five years following the introduction of annual energy statements, according to uSwitch.com. Energy providers now ...