INDIVIDUAL INSOLVENCIES
There were 27,087 individual insolvencies in England and Wales in the third quarter of 2008 on a seasonally adjusted basis. This was an increase of 8.8% on the previous quarter and an increase of 4.6% on the same period a year ago. 
This was made up of 17,341 bankruptcies (which were up 12.1% on the [...]

A company offering advice and services to those in financial hardship has been wound-up by the High Court in Liverpool following an investigation by the Companies Investigation Branch (CIB) of the Insolvency Service. Abacrombie & Co Limited, based in Sheffield and operating throughout England & Wales commenced trading in 2003 purportedly carrying on business as [...]

There were 24,553 individual insolvencies in England and Wales in the second quarter of 2008 on a seasonally adjusted basis. This was a decrease of 2.0% on the previous quarter and a decrease of 8.3% on the same period a year ago. 
This was made up of 15,297 bankruptcies, a decrease of 1.3% on the previous [...]

The House of Lords has now ruled in a definitive manner to clarify the position in relation to matrimonial agreements entered into before one of the parties becomes bankrupt. The case in question was Haines v Hill
The facts in the the case were that Mr and Mrs Haines were married in 1991. The only asset in [...]

Have you been made bankrupt? Was it preventable? Do you for instance have equity in your house? Would you like to put yourself back into the position that you were prior to bankruptcy?
We can help. We have an arrangement with a finance provider who can provide the funds for you to pay off your debts [...]

 
In a surprise development the Insolvency Service has revealed that the number of people declared insolvent in England and Wales fell slightly in the three months to June.
The number of individual insolvencies stood at 24,553, which was 2% down compared with the previous three months and 8.3% below the same period in 2007. Company liquidations [...]

If you are in arrears with payments on your debts such as to a credit card, store card, personal loan or catalogue, the company may decide to try and make you bankrupt. The creditor will send you a Statutory Demand, which is a formal legal document, requiring you to pay off the outstanding debt immediately.
You [...]

The number of people facing bankruptcy has fallen compared with a year ago, says the Ministry of Justice.
The statistics show that one type of bankruptcy petition filed with the courts in England and Wales fell by 15% from the first quarter of 2007 to the same three months of 2008.
But the figures, which give an [...]