Monthly Archives: July 2015

CCJs Jump By More Than 20%

county court judgements

The number of County Court Judgements (CCJs) made in the first quarter of 2015 has increased by more than 20% on the same period in 2014. A total of 209,629 CCJs were made in English and Welsh courts between January and March 2015. However, the average value of a CCJ has been falling for the… Read more »

Seaside Towns More Vulnerable To Bankruptcy

seaside town and bankruptcy

Bankruptcy and personal insolvency levels may be falling in general, but for some parts of the UK, it’s a different story. Seaside towns have always been more economically vulnerable than inland areas for a number of reasons and, as a result, were hit harder by the recent recession.   However, whilst most parts of the… Read more »

Life Events That Can Impact Your IVA

job loss

If you’ve entered into an Individual Voluntary Arrangement (IVA) to clear your debts, a major life change or event can have a significant impact on your ability to make your monthly payments. This article from bankruptcy advice gurus, Bankruptcy Clinic, explains what might happen if you experience a life change during your IVA. Losing your… Read more »

Changes To Online Bankruptcy Petitions

petition bankruptcy changes

The Insolvency Service has announced that the rules surrounding online bankruptcy petitions will be changing. In the future, if you decide to petition your own bankruptcy online, you won’t need your petition to be signed off by a licensed Insolvency Practitioner (IP), which is the case at present. ‘The idea is to make the process… Read more »