News LBV Hub Legal Services Farleys Solicitors
North West law firm Farleys Solicitors have launched a free personal insolvency advice line as a response to the sharp rise in number of bankruptcies and IVAs in the last three months of 2020 as the Covid-19 pandemic continues to affect vast numbers of individuals and their finances, across the region.
Official data from the Insolvency Service shows there were more than 30,000 individual insolvencies in the last quarter of 2020, up 57% on the previous three months.
The firm has seen a significant increase in calls to the firms specialist team across the last 12 months and are expecting this to increase significantly further as payment holidays, state-backed furlough schemes wind down, and…
Read the full article at: https://www.lancashirebusinessview.co.uk/latest-news-and-features/solicitors-launch-specialist-personal-insolvency-advice-line