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Sarah Ferguson faces bankruptcy

Sarah Ferguson could be the first royal to be declared bankrupt.

Like many, Sarah Ferguson is facing bankruptcy and is weighing up what she should do. The difference of course being that she is a member of the royal family and her debt extends into the millions. (more…)

Category : Insolvency news,Personal Insolvency — Tags: , , , — admin @ 11:50 am August 26, 2010

Bankruptcy rises among women

With structures in place to provide alternatives to bankruptcy, why are bankruptcy figures rising? Even with options such as Individual Voluntary Arrangements (IVA), statistics show that 28% of British women declared bankruptcy in the last year. (more…)

Category : Insolvency news,Personal Insolvency — Tags: , — admin @ 10:16 am August 9, 2010

UK insolvency down as economy stabilises

The UK economy is starting to stabilise. According to reports by Experian, company insolvencies decreased by more than 13 per cent during June 2010, compared with data from the same period last year. This trend shows that the UK is coming out of the recession.

The data states that 1,771 UK businesses declared themselves insolvent last month, compared with 2,044 in June of 2009. (more…)

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