IVA Advice Sought by Middle Class Professionals
MANCHESTER, UNITED KINGDOM--(Marketwire - Feb. 22, 2010) - The Insolvency Service's recently released statistics on personal insolvencies shed some shocking light on our rising personal debt crisis. In fact, over 134,000 people went bankrupt, entered an IVA or began a Debt Relief Order. And accountancy firm, Grant Thornton, carried out further research which confirmed that the growth in those seeking IVA advice is fastest amongst the middle class professionals. This is somewhat contrary to fairly popular misconception that IVAs are generally taken up by those at the lower income end of the spectrum.
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