Average value of corporate bad debts increases
26 Sep 2017

According to Quarter 3 statistics from InfolinkGazette, individual, unsecured creditor losses have risen from an annual average of £23,000 per insolvency to £29,000. The statistics confirm that on average, the creditors of Voluntary Liquidations are losing £28,000 on average, while creditors of Company Administrations lose an average of £32,000 each time.