R3 Membership survey METHODOLOGY NOTE

Transcription

1 R3 Membership survey METHODOLOGY NOTE ComRes interviewed 239 R3 members online between 26 th March and 6 th April ComRes is a member of the British Polling Council and abides by its rules. All press releases or other publications must be checked with ComRes before use. ComRes requires 48 hours to check a press release unless otherwise agreed. To commission a voting intention poll or a public opinion survey please contact Katharine Peacock: katharine.peacock@comres.co.uk To register for Pollwatch, a monthly newsletter update on the polls, please pollwatch@comres.co.uk

2 D1. Do you work on...?... 1 Base: All respondents Q1. This question is about the factors which cause men to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to men entering into an insolvency procedure?. 2 Base: All who work in personal insolvency Q2. This question is about the factors which cause women to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to women entering into an insolvency procedure?... 4 Base: All who work in personal insolvency Q3. Which of the following types of insolvency procedure, if any, have you had experience of in your career?... 6 Base: All who work in personal insolvency Q4_SUM. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE... 7 Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q4_1. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration... 9 Base: All who have experience of bankruptcy/ sequestration Q4_2. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q4_3. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Q5_SUM. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q5_1. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Q5_2. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q5_3. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Q6_SUM. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q6_1. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Q6_2. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q6_3. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Q7_SUM. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q7_1. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Q7_2. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q7_3. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) :

3 Q8_SUM. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q8_1. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Q8_2. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q8_3. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Q9_SUM. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Q9_1. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Q9_2. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Q9_3. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA). 38 Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Q10. Thinking back over the last 6 months, which of the following applies to you? Base: All who work in corporate insolvency Q11. Which of the following reasons, if any, explain why you did not contact Jobcentre Plus? Base: All in corporate insolvency who did NOT contact JobCentre Plus Q12. Overall, would you say that the contact with Jobcentre Plus has been beneficial or not beneficial to the employees concerned? Base: All in corporate insolvency who DID contact JobCentre Plus Q13. Overall, would you say that the contact with Jobcentre Plus has been beneficial or not beneficial to you as the administrator? Base: All in corporate insolvency who DID contact JobCentre Plus :

4 D1. Do you work on...? Base: All respondents R3 PPP Membership Survey Spring 2015 Table 1/1 insolvency Corporate insolvency only Personal insolvency only % insolvency % 100% - - Corporate insolvency only % - 100% - Personal insolvency only % % Page 1

5 Q1. This question is about the factors which cause men to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to men entering into an insolvency procedure? Base: All who work in personal insolvency Table 2/ Own company failure % 86% 57% Accumulation of consumer debt (e.g. credit or store card debt, over-spending) % 74% 78% Job loss/ reduction in income % 54% 83% Legal dispute costs % 36% 17% Loss of chief household income earner's income (including job loss, illness, or death) % 31% 26% Unexpected one-off cost (e.g. bills, fines, tax demands) % 29% 17% Long term illness, including disability or addiction (including costs and inability to work) % 20% 22% Sudden incapacity from work (e.g. through disability) % 17% 17% The cost of living, other than housing % 10% 22% Lack of savings (e.g. pension savings) % 11% 9% Page 2

6 Q1. This question is about the factors which cause men to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to men entering into an insolvency procedure? Base: All who work in personal insolvency Table 2/ Long-term unemployment % 9% 4% Family-related costs (e.g. healthcare or childcare) % 6% 17% Fraud or mis-selling % 8% 4% The cost of housing % 4% 4% School fees or education costs 4 4-2% 2% - Social care costs for self or relatives (such as care home or nursing costs) Other % 13% 17% None of the above Page 3

7 Q2. This question is about the factors which cause women to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to women entering into an insolvency procedure? Base: All who work in personal insolvency Table 3/ Accumulation of consumer debt (e.g. credit or store card debt, over-spending) % 84% 96% Job loss/ reduction in income % 50% 52% Loss of chief household income earner's income (including job loss, illness, or death) % 44% 61% Own company failure % 36% 4% The cost of living, other than housing % 22% 30% Family-related costs (e.g. healthcare or childcare) % 20% 30% Unexpected one-off cost (e.g. bills, fines, tax demands) % 20% 17% Lack of savings (e.g. pension savings) % 15% 17% Long term illness, including disability or addiction (including costs and inability to work) % 15% 13% Legal dispute costs % 14% 13% Page 4

8 Q2. This question is about the factors which cause women to enter into an insolvency procedure. Based on your experience, which of the following, if any, are the most common factors that contribute to women entering into an insolvency procedure? Base: All who work in personal insolvency Table 3/ Sudden incapacity from work (e.g. through disability) % 13% 9% Long-term unemployment % 12% 4% The cost of housing % 7% 9% Fraud or mis-selling % 6% 4% Social care costs for self or relatives (such as care home or nursing costs) % 4% 9% School fees or education costs % 4% 9% Other % 7% 26% None of the above Page 5

9 Q3. Which of the following types of insolvency procedure, if any, have you had experience of in your career? Base: All who work in personal insolvency Table 4/ Bankruptcy/ sequestration % 99% 100% Individual voluntary arrangement (IVA)/ trust deed % 94% 96% Providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) % 26% 48% None of the above Page 6

10 Q4_SUM. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) ,000 (1.5) % - - 2,001-5,000 (3.5) % 5,001-10,000 (7.5) % 1% 55% 10,001-25,000 (17.5) % 10% 30% 25,001-50,000 (37.5) % 24% 2% 50,001-75,000 (62.5) % 21% - 75, ,000 (87.5) % 16% - 100, ,000 (125.0) % 13% - 150, ,000 (175.0) 4 6-2% 3% - 200, ,000 (225.0) 6 6-3% 3% - 250, ,000 (275.0) , ,000 (325.0) % - Table 5/1 Page 7

11 Q4_SUM. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) , ,000 (387.5) % , ,000 (462.5) 3 2-2% 1% - 500,001+ (550.0) 8 2-4% 1% - Don't know % 5% 2% Mean in 000's Standard deviation Standard error Table 5/2 Page 8

12 Q4_1. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 6/ ,000 (1.5) 1 1-2,001-5,000 (3.5) 5,001-10,000 (7.5) % 1% 9% 10,001-25,000 (17.5) % 4% 17% 25,001-50,000 (37.5) % 20% 48% 50,001-75,000 (62.5) % 17% 4% 75, ,000 (87.5) % 20% 13% 100, ,000 (125.0) % 18% 9% 150, ,000 (175.0) 4 4-2% 2% - 200, ,000 (225.0) 6 6-3% 4% - 250, ,000 (275.0) , ,000 (325.0) Page 9

13 Q4_1. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 6/ , ,000 (387.5) , ,000 (462.5) 3 3-2% 2% - 500,001+ (550.0) 8 8-4% 5% - Don't know 7 7-4% 4% - Mean in 000's Standard deviation Standard error Page 10

14 Q4_2. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 7/ ,000 (1.5) 2,001-5,000 (3.5) 5,001-10,000 (7.5) % 1% 5% 10,001-25,000 (17.5) % 9% 18% 25,001-50,000 (37.5) % 20% 55% 50,001-75,000 (62.5) % 22% 14% 75, ,000 (87.5) % 18% 5% 100, ,000 (125.0) % 14% 5% 150, ,000 (175.0) 6 6-3% 4% - 200, ,000 (225.0) 6 6-3% 4% - 250, ,000 (275.0) , ,000 (325.0) Page 11

15 Q4_2. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 7/ , ,000 (387.5) 425, ,000 (462.5) ,001+ (550.0) Don't know 8 8-5% 5% - Mean in 000's Standard deviation Standard error Page 12

16 Q4_3. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 8/ ,000 (1.5) 2,001-5,000 (3.5) % 14% - 5,001-10,000 (7.5) % 48% 82% 10,001-25,000 (17.5) % 36% 9% 25,001-50,000 (37.5) 1-1 2% - 9% 50,001-75,000 (62.5) 75, ,000 (87.5) 100, ,000 (125.0) 150, ,000 (175.0) 200, ,000 (225.0) 250, ,000 (275.0) 300, ,000 (325.0) Page 13

17 Q4_3. From your experience, what would you estimate the typical value of unsecured debts to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 8/ , ,000 (387.5) 425, ,000 (462.5) 500,001+ (550.0) Don't know 1 1-2% 2% - Mean in 000's Standard deviation Standard error Page 14

18 Q5_SUM. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) ,000 (1.5) % 3% 87% 2,001-5,000 (3.5) % 5% 8% 5,001-10,000 (7.5) % 7% 2% 10,001-25,000 (17.5) % 23% - 25,001-50,000 (37.5) % 25% 2% 50,001-75,000 (62.5) % 12% - 75, ,000 (87.5) 6 9-3% 5% - 100, ,000 (125.0) % 6% - 150, ,000 (175.0) 5 5-3% 3% - 200, ,000 (225.0) 3 3-2% 2% - 250, ,000 (275.0) % - 300, ,000 (325.0) , ,000 (387.5) Table 9/1 Page 15

19 Q5_SUM. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) , ,000 (462.5) 500,001+ (550.0) Don't know % 6% 2% Mean in 000's Standard deviation Standard error Table 9/2 Page 16

20 Q5_1. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 10/ ,000 (1.5) % 9% 26% 2,001-5,000 (3.5) % 7% 13% 5,001-10,000 (7.5) % 20% 9% 10,001-25,000 (17.5) % 22% 17% 25,001-50,000 (37.5) % 18% 26% 50,001-75,000 (62.5) % 4% 4% 75, ,000 (87.5) % 3% 4% 100, ,000 (125.0) 4 4-2% 2% - 150, ,000 (175.0) 5 5-3% 3% - 200, ,000 (225.0) 3 3-2% 2% - 250, ,000 (275.0) 300, ,000 (325.0) Page 17

21 Q5_1. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 10/ , ,000 (387.5) , ,000 (462.5) 500,001+ (550.0) Don't know 9 9-5% 6% - Mean in 000's Standard deviation Standard error Page 18

22 Q5_2. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 11/ ,000 (1.5) 6-6 3% - 27% 2,001-5,000 (3.5) % 5% 5% 5,001-10,000 (7.5) % 6% 14% 10,001-25,000 (17.5) % 23% 27% 25,001-50,000 (37.5) % 27% 9% 50,001-75,000 (62.5) % 12% 9% 75, ,000 (87.5) % 5% 9% 100, ,000 (125.0) % 7% - 150, ,000 (175.0) 5 5-3% 3% - 200, ,000 (225.0) 3 3-2% 2% - 250, ,000 (275.0) , ,000 (325.0) Page 19

23 Q5_2. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 11/ , ,000 (387.5) , ,000 (462.5) 500,001+ (550.0) Don't know % 7% - Mean in 000's Standard deviation Standard error Page 20

24 Q5_3. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 12/ ,000 (1.5) % 83% 100% 2,001-5,000 (3.5) 4 4-8% 10% - 5,001-10,000 (7.5) 1 1-2% 2% - 10,001-25,000 (17.5) 25,001-50,000 (37.5) 1 1-2% 2% - 50,001-75,000 (62.5) 75, ,000 (87.5) 100, ,000 (125.0) 150, ,000 (175.0) 200, ,000 (225.0) 250, ,000 (275.0) 300, ,000 (325.0) Page 21

25 Q5_3. From your experience, what would you estimate the typical value of assets to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 12/ , ,000 (387.5) 425, ,000 (462.5) 500,001+ (550.0) Don't know 1 1-2% 2% - Mean in 000's Standard deviation Standard error Page 22

26 Q6_SUM. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Full-time employee % 53% 23% Part-time employee % 1% 11% Self-employed % 41% - Housewife/ Househusband Unemployed and looking for work % 2% 40% Unemployed and not looking for work 2-9 1% - 17% Student Retired Don't know % 3% 9% Table 13/1 Page 23

27 Q6_1. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 14/ Full-time employee % 21% 48% Part-time employee Self-employed % 57% 26% Housewife/ Househusband Unemployed and looking for work % 16% 13% Unemployed and not looking for work % 1% 4% Student Retired Don't know % 5% 9% Page 24

28 Q6_2. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 15/ Full-time employee % 50% 77% Part-time employee Self-employed % 43% 23% Housewife/ Househusband Unemployed and looking for work 4 4-2% 3% - Unemployed and not looking for work Student Retired Don't know 5 5-3% 3% - Page 25

29 Q6_3. From your experience, what is the most likely employment status of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 16/ Full-time employee % 26% 9% Part-time employee % 7% 27% Self-employed Housewife/ Househusband Unemployed and looking for work % 38% 45% Unemployed and not looking for work % 17% 18% Student Retired Don't know 5 5-9% 12% - Page 26

30 Q7_SUM. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) State Benefits % - 75% Earned income (employment) % 99% 23% Unearned income (for example, inheritance) % 1% 2% Table 17/1 Page 27

31 Q7_1. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 18/ State Benefits % 15% 26% Earned income (employment) % 83% 74% Unearned income (for example, inheritance) 4 4-2% 2% - Page 28

32 Q7_2. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 19/ State Benefits Earned income (employment) % 99% 100% Unearned income (for example, inheritance) Page 29

33 Q7_3. From your experience, which of the following options is the most likely source of income of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 20/ State Benefits % 74% 82% Earned income (employment) % 24% 18% Unearned income (for example, inheritance) 1 1-2% 2% - Page 30

34 Q8_SUM. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) = Highly likely (5.0) % 5% 6% (4.0) % 18% 8% (3.0) % 26% 11% (2.0) % 28% 23% 1 = Highly unlikely (1.0) % 15% 34% Don't know % 7% 19% NETS Net: Likely % 23% 13% Net: Unlikely % 43% 57% Mean score Standard deviation Standard error Table 21/1 Page 31

35 Q8_1. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 22/ = Highly likely (5.0) % 7% 9% (4.0) % 16% 26% (3.0) % 34% 17% (2.0) % 25% 30% 1 = Highly unlikely (1.0) % 11% 13% Don't know % 6% 4% NETS Net: Likely % 23% 35% Net: Unlikely % 37% 43% Mean score Standard deviation Standard error Page 32

36 Q8_2. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 23/ = Highly likely (5.0) % 4% 14% (4.0) % 18% 18% (3.0) % 27% 23% (2.0) % 28% 27% 1 = Highly unlikely (1.0) % 16% 14% Don't know % 8% 5% NETS Net: Likely % 22% 32% Net: Unlikely % 44% 41% Mean score Standard deviation Standard error Page 33

37 Q8_3. What would you say the likelihood is of someone entering each of the types of insolvency listed below having been through any kind of insolvency procedure or debt management plan before? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 24/ = Highly likely (5.0) % 5% 9% (4.0) % 7% 9% (3.0) % 12% 9% (2.0) % 17% 45% 1 = Highly unlikely (1.0) % 40% 9% Don't know % 19% 18% NETS Net: Likely % 12% 18% Net: Unlikely % 57% 55% Mean score Standard deviation Standard error Page 34

38 Q9_SUM. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - SUMMARY TABLE Base: All who have worked on any of the listed insolvency procedures (bankruptcy/sequestration, IVA/trust deed, DRO/LILA) Bankruptcy/ sequestration Individual voluntary arrangement (IVA)/ trust deed Debt Relief Order (DRO)/ Low Income Low Asset (LILA) ,000 (7.0) % 2% 72% 14,001-28,000 (21.0) % 31% 19% 28,001-42,000 (35.0) % 38% 2% 42,001-56,000 (49.0) % 13% - 56,001-70,000 (63.0) 3 6-2% 3% - 70,001-84,000 (77.0) ,001+ (91.0) 5 1-3% 1% - Don't know % 10% 8% Table 25/1 Mean in 000's Standard deviation Standard error Page 35

39 Q9_1. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Bankruptcy/ sequestration Base: All who have experience of bankruptcy/ sequestration Table 26/ ,000 (7.0) % 9% 13% 14,001-28,000 (21.0) % 46% 52% 28,001-42,000 (35.0) % 24% 26% 42,001-56,000 (49.0) 9 9-5% 6% - 56,001-70,000 (63.0) 3 3-2% 2% - 70,001-84,000 (77.0) ,001+ (91.0) 5 5-3% 3% - Don't know % 10% 9% Mean in 000's Standard deviation Standard error Page 36

40 Q9_2. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Individual voluntary arrangement (IVA)/ trust deed Base: All who have experience of individual voluntary arrangement (IVA)/ trust deed Table 27/ ,000 (7.0) % 2% 5% 14,001-28,000 (21.0) % 27% 59% 28,001-42,000 (35.0) % 39% 27% 42,001-56,000 (49.0) % 15% - 56,001-70,000 (63.0) % 3% 5% 70,001-84,000 (77.0) ,001+ (91.0) Don't know % 11% 5% Mean in 000's Standard deviation Standard error Page 37

41 Q9_3. From your experience, what would you estimate the typical combined individual annual income (before tax) to be of someone entering each of the types of insolvency listed below? - Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Base: All who have experience of providing someone with advice on a Debt Relief Order (DRO)/ Low Income Low Asset (LILA) Table 28/ ,000 (7.0) % 67% 91% 14,001-28,000 (21.0) % 21% 9% 28,001-42,000 (35.0) 1 1-2% 2% - 42,001-56,000 (49.0) 56,001-70,000 (63.0) 70,001-84,000 (77.0) 84,001+ (91.0) Don't know 4 4-8% 10% - Mean in 000's Standard deviation Standard error Page 38

42 Q10. Thinking back over the last 6 months, which of the following applies to you? Base: All who work in corporate insolvency Table 29/1 insolvency Corporate insolvency only I have not been appointed as administrator to a firm with over 20 employees % 80% 65% I have been appointed as administrator to a firm with over 20 employees and have contacted Jobcentre Plus % 16% 28% I have been appointed as administrator to a firm with over 20 employees and have not contacted Jobcentre Plus % 4% 7% Page 39

43 Q11. Which of the following reasons, if any, explain why you did not contact Jobcentre Plus? Base: All in corporate insolvency who did NOT contact JobCentre Plus Table 30/1 insolvency Corporate insolvency only All, or the majority, of jobs were transferred to a new employer % 67% 50% There was no time to get the Jobcentre Plus involved % 33% 50% I was unaware of the need to do so % - 25% I did not see the point of contacting them until redundancies had been made % 17% - I tried to make contact, but was unsuccessful % 17% - Previous contact with Jobcentre Plus has not been productive % 17% - Other % 17% 25% None of these Page 40

44 Q12. Overall, would you say that the contact with Jobcentre Plus has been beneficial or not beneficial to the employees concerned? Base: All in corporate insolvency who DID contact JobCentre Plus Table 31/1 insolvency Corporate insolvency only Beneficial to the employees concerned % 69% 93% Not beneficial to the employees concerned % 31% 7% Page 41

45 Q13. Overall, would you say that the contact with Jobcentre Plus has been beneficial or not beneficial to you as the administrator? Base: All in corporate insolvency who DID contact JobCentre Plus Table 32/1 insolvency Corporate insolvency only Beneficial to me as the administrator % 46% 60% Not beneficial to me as the administrator % 54% 40% Page 42