Record number of insolvencies expected

GOVERNMENT figures released today looked set to show a record number of people in England and Wales were declared insolvent during 2009.

By The Newsroom

Published 5th Feb 2010, 08:33 BST

Updated 5th Feb 2010, 10:24 BST

Insolvency practitioners Experts think as many as 135,000 people went bankrupt or took out an Individual Voluntary Arrangement or Debt Relief Order during the year.

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