Saturday, Feb 03, 2007

Credit Boom Leads to Personal Bust

Telegraph: 400 go bust every day as debt hits home

More evidence of the increasing level of personal debt exceeding individuals ability to repay. Government figures show that a record 107,288 people in England and Wales declared themselves bankrupt or took out an Individual Voluntary Arrangement (IVA) last year.

Posted by enuii @ 11:51 AM (133 views) Add Comment

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