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Average value of corporate bad debts increases | The Channel Partnership

Written by oxygenagency | Sep 26, 2017 9:22:44 AM

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.