I heard on the radio this morning that Grant Thornton have said that only 1 in 7 of those who have approached them are suitable for a personal insolvency. I assume this includes DSAs and PIAs. The half need bankruptcy.
Will this be typical or are the most distressed cases going to PIPs first? Do we need low cost bankruptcy? I think the cots in the UK are much lower than here.
http://www.irishexaminer.com/breaki...oo-little-for-personal-insolvency-608548.html
Will this be typical or are the most distressed cases going to PIPs first? Do we need low cost bankruptcy? I think the cots in the UK are much lower than here.
http://www.irishexaminer.com/breaki...oo-little-for-personal-insolvency-608548.html