Latest news

Bankrupts 'need better access to bank accounts'

Something needs to be done to make sure bankrupt individuals can open a bank account. The Government said this just yesterday, pointing out that not having a bank account can have a real negative impact on someone's finances - at a time when many are trying to focus on getting their finances back in order.

When someone's been made bankrupt , having a bank account is an "essential stepping-stone" to managing their finances properly and getting back on track once they've tackled their financial difficulties, said Business Minister Edward Davey.

Read More

Could 2011 see even more IVAs & bankruptcies in Northern Ireland?

Last year, Northern Ireland saw more people than ever enter an IVA (Individual Voluntary Arrangement) to tackle their debts: 1,002 people in total.

This year, it looks like we're on track for an even higher total. So far in 2011, 819 people in Northern Ireland have already entered an IVA - and that's in just three quarters of the year.

Read More

IVAs on the rise, despite fall in insolvencies

The number of struggling borrowers entering into IVAs (Individual Voluntary Arrangements) increased in the third quarter of 2011, despite a big drop in the overall number of insolvencies.

Figures from the Insolvency Service show that there were 13,048 IVAs between June and August this year - a 0.7% increase on the same period a year earlier, and a 7.5% increase on the second quarter of 2011.

Read More

Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9  Next