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Personal insolvency rate falls to 8 year low

Insolvency statistics released on 7th February 2014 by The Insolvency Service show the lowest annual level of individual insolvencies since 2005. Just over 101,000 individual insolvencies were registered in 2013 which equates to 1 in every 445 people becoming insolvent last year, a fall of almost 8%

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‘Zombie Company’ Review

We’ve been tracking the phenomenon of ‘zombie companies’ for some time now and we were pleased to read recently that R3, the insolvency trade body, reported that the zombie population fell during 2013. ‘Zombie companies’ are those which are only able to cover the payment of interest

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IVA numbers hit three year high

As you may know the most recent personal and corporate insolvency statistics for Q3 2013 were published on 1st November. The figures highlight a decrease in corporate insolvency numbers but revealed a surprise increase in the number of voluntary arrangements, up more than 10% from the previous

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Focus Insolvency Group open two new regional offices in Central London and Scarborough

Focus Insolvency Group open two new regional offices in Central London and Scarborough

Focus Insolvency Group are pleased to announce that they have opened two new regional offices providing advice and solutions for individuals and businesses struggling with debt and financial pressures. The two new offices are located at Scarborough in Yorkshire and Cornhill in London and have been in

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