Lesley Curwen investigates why these policies have been sold to people living on the lowest of incomes and speaks to the government minister responsible for theinsolvencyservice.
The statement said proceedings to wind up the company were uncontested and the views of theInsolvencyService had not been found by a court to be accurate.
On Monday, theInsolvencyService said the number of people declared insolvent in 2007 was 106, 645, just slightly below the record high in 2006, while bankruptcies were up 2.4%.