Andrew Smith looks at the latest personal insolvency figures from the Insolvency Service and concludes that times are getting harder for bankrupts, despite the overall drop in people choosing this debt solution.
Archive for the ‘Bankruptcy’ Category
Q3 2011 insolvency figures – Is bankruptcy still an easy option?
by Andrew_F_Smith on November 4th, 2011
What level should bankruptcy petition thresholds be set at?
by Paul Gailey on July 22nd, 2011
R3 are calling on the government to consider raising this threshold to £3,000. Vote in a poll to express your view at which level they should be set.
Stricter bankruptcy conditions set out in new guidelines
by Nazma Noor on January 4th, 2011
New guidelines are changing the conditions for people who are made bankrupt. The general feeling is that these guidelines will make life a lot more difficult for bankrupts and for some people highlight IVAs as an alternative debt solution.
The power of the pound
by David Mond on March 14th, 2010
These days, our children seem to have the need for every modern gadget on offer. With the desire to own so many of these items, the question has to be asked, how well have our children learnt the lessons of the recession? Have they experienced the harsh realities of the credit crunch enough to equip themselves with the right financial know how, to budget for their own better future?
Time to pile on the pounds
by Amy White on January 17th, 2010
I think it’s fair to say that after all the Christmas festivities, the turkey wasn’t the only thing stuffed this December. And with each New Year, getting fit and loosing weight is usually one of top resolutions we like to make….before eating another chocolate ;) However, this year, it seems the tables may be turning. [...]
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