Cleardebt Survey Sheds Light On Dti Insolvency Figures

The Latest government insolvency figures published today (Friday, 5 May) show a 73% rise in personal insolvencies between the first quarter of 2005 and the same period this year. But, IVA provider, ClearDebt, believes the figures for Individual Voluntary Arrangements(IVAs) may be significantly understated, despite their year on year rise of 142%.