Thursday, January 1, 2009

Grim Reading for the New Year

Insolvencies to hit record level in 2009, warns KPMG

The number of people being declared insolvent next year is expected to climb to its highest level since records began almost 50 years ago, experts have warned. KPMG said numbers would surpass 150,000 next year as people struggled to meet the rising cost of living. The numbers just keep getting bigger.

Posted by sovietuk @ 07:59 PM (476 views)
Please complete the required fields.



One thought on “Grim Reading for the New Year

  • Why save…??

    I swear… What I should have done is taken on massive credit card debt and then apply for ‘debt relief’.

    This kind of thing encourages extremely risky behaviour. What we should all do is bet big. If we win; fantastic! If we lose, just write off the debt.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>