Member Article
Over 8 in 10 respondents to a national survey of members of the insolvency and restructuring profession carried out by insolvency and restructuring trade body R3, expect personal insolvency numbers to increase within the next 12 months.
Nearly half (44.5%) of the respondents to R3s member survey who work in personal insolvency say they expect personal insolvency numbers to be somewhat higher than 2019, while two in five (41.6%) expect them to be significantly higher than last years figures.
Of those who expect numbers to rise, the majority (61.5%) expect the increase to happen in October-December of this year. Three in ten (30.6%) think it will occur between January and March of 2021, while just 3.4% expected the increas…
Read the full article at: https://bdaily.co.uk/articles/2020/07/27/personal-insolvencies-set-to-rise-r3-member-survey-finds