Once in a lifetime Posted August 22, 2005 Share Posted August 22, 2005 http://icwales.icnetwork.co.uk/0300busines...-name_page.html Aug 22 2005 Sion Barry, Western Mail THE number of consumer debtors resorting to bankruptcy, when compared to entrepreneurs and business people, has hit a new high.The proportion of bankruptcy cases represented by those whose debts are mainly personal loans and credit card balances rose by 70% in the year 2004/05, according to new figures. "If the current trend continues, we could see annual rates of 80,000 bankruptcies within the next three years." Quote Link to comment Share on other sites More sharing options...
Johnny Posted August 22, 2005 Share Posted August 22, 2005 Annual Rates of 80,000 bankruptcies Wow, thats an increase on what we have currently..... Quote Link to comment Share on other sites More sharing options...
Solvent Celt Posted August 22, 2005 Share Posted August 22, 2005 The enterprise act forces the Official Receiver to deal with propertie far more quickly than previously. I would expect to see forced sales feed through to the market more rapidly. Quote Link to comment Share on other sites More sharing options...
theChuz Posted August 22, 2005 Share Posted August 22, 2005 DebtMatters (DEBT) has gained almost 3.98% so far today. Debt Free Direct (DFD) has gained 5.82% so far today. Guess where my money has been sat for a while, will continue to stay there me thinks too. Quote Link to comment Share on other sites More sharing options...
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