However, not every region is in the clear. Figures show that business failures are still increasing in the North East, Scotland and Northern Ireland. If your business fails and you have existing debts ...

TV star Neil Morrissey opted for an individual voluntary agreement while for I'm a Celebrity winner and Eastenders actor Joe Swash declared himself bankrupt. 04 February 2011 • 10:52am Neil Morrissey ...

An individual voluntary arrangement (IVA) - known as a protected trust deed in Scotland - offers a way of avoiding bankruptcy for people experiencing difficulty repaying unsecured debt. An IVA can ...

Many people get confused between IVA’s and bankruptcy – and that’s perfectly understandable as there are certain similarities between the two. In this article we look at the ways in which IVA’s ...

A record number of people went broke last year as they struggled under the weight of the UK's £1.3 trillion debt mountain. According to the Insolvency Service 107,000 people went bust last year, with ...

Aidan and Howard Barclay escape bankruptcy as HSBC withdraws its High Court petitions following an Individual Voluntary ...

Declaring yourself bankrupt is the most drastic financial option anyone can take. Nonetheless it is an escape route increasingly used by people overwhelmed by money troubles. The latest figures from ...

Banks cannot be blamed for all consumer debt, nor can they always be expected to pick up the pieces when credit problems prove terminal. Sadly, rising numbers of borrowers are now having to make the ...

Former cyclist Sir Bradley Wiggins is reportedly at risk of bankruptcy after the liquidators of his company filed an update on winding up proceedings. The 2012 Tour de France winner has been in what ...