The south-west has the highest rate of bankruptcy in England and Wales, new data has indicated.
Figures for 2009 obtained from the UK insolvency Se…
Archive for the ‘Bankruptcy’ Category
Personal bankruptcy ‘highest in south west’
by News Team on December 12th, 2011
Bankruptcy advice may be needed if recession warning is fulfilled
by News Team on August 18th, 2011
Many Britons may need to consider taking bankruptcy advice or taking on an individual voluntary arrangement (IVA) if a new recession emerges, somethin…
Could fall in unemployment be good news for consumers in debt?
by News Team on July 13th, 2011
A drop in unemployment levels in Scotland could mean some consumers can now get to grips with their debt problems.
According to the Scottish govern…
Debt problems loom ‘for 6.2 million households’
by News Team on July 13th, 2011
Millions of homes in the UK have been identified as financially vulnerable, which could mean serious debt problems are on the near horizon for the maj…
Debt repayments ‘now take up 10% of family income’
by News Team on May 23rd, 2011
Debt repayments now account for ten per cent of a UK family's income, it has been revealed.
According to Aviva, this figure has risen from just…
Bankruptcy advice ‘given mainly to poorer people’
by News Team on March 2nd, 2011
The average person being advised to declare bankruptcy in the final quarter of 2010 was middle aged, on an income below the average and owing over &po…
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