Guest muttley Posted February 4, 2006 Share Posted February 4, 2006 http://www.telegraph.co.uk/news/main.jhtml...4/ixportal.html Mike Gerrard, a personal insolvency expert at the accountancy firm Grant Thornton, described the increase in personal insolvency as "jaw-dropping". Quote Link to comment Share on other sites More sharing options...
dnd Posted February 4, 2006 Share Posted February 4, 2006 "Although a loophole has been closed to stop students from declaring themselves bankrupt on leaving university and ignoring their debts, there is nothing to stop a student paying off his or her loan with a credit card then walking away debt free after filing for bankruptcy." Yeah, well, IMO most of them shouldn't be there anyway - university is for the rich kids - currently it's just a way to keep unemployment figures down and keep them off the streets Quote Link to comment Share on other sites More sharing options...
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