During the year, accountants KPMG expects more than 150000 people to enter into an IVA, be declared bankrupt or enter into a Debt Relief Order – a new alternative to bankruptcy aimed at those with debts of less than £15000 and minimal …

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Potentially, more than 150000 people are expected to enter into an Individual Voluntary Arrangement (IVA), be declared bankrupt or enter into a Debt Relief Order during 2009. Mark Sands, Director of Personal Insolvency at KPMG said: …

Source: Insolvency levels set to soar as government introduces bankruptcy …

KPMG predicts big take-up for new Debt Relief Orders Huddersfield Examiner, UK Potentially, more than 150000 people are expected to enter into an Individual Voluntary Arrangement , be declared bankrupt or enter into a Debt Relief Order …

Source: KPMG predicts big take-up for new Debt Relief Orders …