Saturday, February 7, 2009

Those who stretched during the boom are well and truly ………

Record 200 people a day declared bankrupt, says Insolvency Service

A record 200 people a day are being declared bankrupt, says the Insolvency Service. More people are now taking the bankruptcy route, rather than an IVA as lenders tighten up on IVAs. This is not a good time for those who stretched their finances to the limit during the boom.

Posted by mikelivingstone @ 09:19 AM (433 views)
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