120,000 Brits hit the buffers in 2011
120,000 of us were declared bankrupt or forced to take out a Debt Relief Order (DRO) or Individual Voluntary Arrangement (IVA) in the last calendar year. This figure is the lowest compared to the previous four years, claims City accountants RSM Tenon. Given the grim economic backdrop, the slump appears surprising. How are many managing to keep going?
