Number of bankruptcies falls to 111 in first quarter
Insolvency Service of Ireland sees 26 per cent rise in applications for PIAs
The number of people adjudicated bankrupt fell to 111 in the first quarter from 142 in the fourth quarter of 2015 and 162 in the same period last year, new figures show.
The data, from the Insolvency Service of Ireland, showed a rise in other debt options including an increase of 26 per cent in the number of applications forpersonal insolvency arrangements(PIAs). It said the recently-introduced court review process, known as the "bank ...
