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Bankruptcy figures hit record low in Q3
Figures reveal that there were 26,758 individuals entering either bankruptcy (1,938) a debt relief order or DRO (5,735) or an individual voluntary arrangement or IVA (19,085) in the third quarter (Q3) of 2021
The number of individuals entering bankruptcy has hit a record 22-year low with only 1,938 bankruptcies occurring in the quarter according to figures released by the Insolvency Service.
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