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Nortel/Lehman – R3 comments 24 Jul 2013 | 07:51 pm
Responding to this morning’s landmark win for Nortel/Lehman at the Supreme Court, Giles Frampton, vice-president of R3, the insolvency trade body, says: “The Nortel decision is to be welcomed in that...
InsolPro website update 28 Mar 2013 | 04:08 pm
InsolPro now optimised for tablets and smartphones If you’ve visited www.insolpro.co.uk in the last couple of days you may have noticed that the design is slightly different. If you’ve visited the we...
Rising costs of living the main trigger into debt 28 Mar 2013 | 03:56 pm
Half of those with debt concerns now blame rising costs of living above traditional reasons such as job loss or the end of a relationship for pushing them into debt. Research by insolvency trade body ...
R3 comments on Q4 Insolvency Service Statistics 1 Feb 2013 | 09:05 pm
Personal Insolvency levels fall “Total individual insolvencies in 2012 are down 8% from 2011 figures, while bankruptcy orders have fallen 24% year on year which is encouraging, however this should not...
Basic bank account lifeline extended to bankrupts 8 Dec 2012 | 01:16 am
Insolvency trade body R3 welcomes the news that undischarged bankrupts should find it easier to access a high street bank account – currently there is only one mainstream provider offering them. This ...
Debt Advisor: “Insolvencies could be five times higher” 2 Nov 2012 | 04:09 pm
Figures published today by the Insolvency Service show that company liquidations in England and Wales in the third quarter of this year were down 2.8% on the previous quarter and down 6.6% on the same...
Corporate insolvency levels fall 2 Nov 2012 | 04:05 pm
“The drop in corporate insolvency numbers is reassuring, especially as it comes after last week’s upbeat GDP figures, showing that Britain exited recession in the third quarter. “Whilst this decrease ...
The Insolvency Service today announced the launch of the insolvency theme of the ‘Red Tape Challenge’ 23 Aug 2012 | 08:05 pm
Liz Bingham, R3 Vice President, comments: “We see this as a great chance to work with the Insolvency Service to create an even more effective insolvency regime, and we will be seizing the opportunity ...
New powers for OFT in clamp down on rogue debt companies welcomed 19 Jul 2012 | 09:58 pm
Lee Manning, R3 President comments: “Enabling the OFT to suspend a consumer credit licence with immediate effect – as opposed to being subject potentially to a two year appeal – is a significant step...
Bankruptcy too short, says GB population 13 Jul 2012 | 07:01 pm
Over half the population (58%) believes bankruptcy should last longer than a year, according to research by insolvency trade body R3. As attitudes towards bankruptcy hardens, 82% believe that some peo...
