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Personal insolvencies rise 8% in Q1

The seasonally adjusted figures reveal that there were 26,933 individuals entering either bankruptcy (2,158), DRO (8,428) or IVA (16,347) in Q1 2024

The number of individuals entering a personal insolvency procedure was up 8% in Q1 2024, the first successive rise since Q4 2021, according to new figures released by the Insolvency Service

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