IVAs and bankruptcies in Northern Ireland at record high
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Mar 7th, 2010 |
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According to statistics from the Insolvency Service, the number of people entering an IVA (Individual Voluntary Arrangement) or bankruptcy in Northern Ireland has reached a record high.
In the final quarter of 2009, there were a record 574 personal insolvencies in Northern Ireland. This figure was made up of 382 bankruptcies and 192 IVAs.
2009 as a whole saw 1,959 people declared insolvent. This was made up of 1,237 bankruptcies and 722 IVAs.
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