The Insolvency Service released their latest statistics today from Q4 2010. We pick out the not-so-obvious conclusions from the data.
A recent report by the Insolvency Service showed that levels of personal insolvency are starting to decline. The Insolvency Service, the government agency responsible for administering the insolvency system in England and Wales, publishes data on the number of people…
ClearDebt take another look into the their debtor database and show their findings on how long it takes people to pay their debts, including some extreme examples such as the person who would need 694 years to become debt free
Spending more than you earn is the quickest route to misery – so said Dicken’s character Mr Micawber – we look at people with debt worries and the numbers that can’t make ends meet.
The Insolvency Service recently published annual statistics for the period 2000 to 2009, covering bankruptcies, debt relief orders (DROs) and Individual Voluntary Arrangements (IVAs) in England and Wales by geographical areas. Using an interactive motion chart, ClearDebt have republished this data to display the evolution of personal insolvencies by district.
Data from online debt advisors ClearDebt shows that one in 10 of the 1800 people who completed the firm’s online debt analyser did so between midnight and 7.00am.