KPMG expects up to 50000 people to take out a Debt Relief Order in 2009, bringing the total number of people declared insolvent during the whole year to around 150000. Debt Relief Orders are available to borrowers with less than £50 of …

Source: Personal insolvencies `to rise by 40%` with Debt Relief Orders …

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Insolvencies 'could reach 150000 this year' More Th>n Business The number of personal insolvencies could reach 150000 by the end of the year, KPMG has predicted. KPMG analysis of figures from the Ministry of Justice …

Source: n Business”>Insolvencies 'could reach 150000 this year' – More Th>n Business

Orders come as a relief Mirror.co.uk, UK - Simon Read The length of a debt relief order is typically 12 months but can be extended. And they are flexible so that if a debtor comes into money they could pay off their debts in a shorter period of time. Accountants KPMG expects up to 50000 people to take …

Source: Orders come as a relief – Mirror.co.uk