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What is insolvency Tag

Madison Legal > Posts tagged "What is insolvency"

How Long Do You Stay On The Insolvency Register?

Commercial litigation - Madison Legal

Insolvency can be an extremely challenging situation for an individual, both financially and emotionally. While there are steps one can take to manage debt and recover from insolvency such as an individual voluntary arrangement or declaring bankruptcy, personal insolvency solutions such as these are a matter of public record. When declared insolvent, a person’s details are added to the Insolvency Register. Note, in Scotland one is added to the Register of Insolvencies while in Northern Ireland you have the Individual Voluntary Arrangement Register. Although these databases are accessible to all, including credit reference agencies, an individual does not remain on the insolvency register...

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