Personal Debt Stories Making The News

Personal insolvencies at three-year low - The Guardian


The Guardian

Personal insolvencies at three-year low
The Guardian
The number of personal bankruptcies was down by 28.3% year-on-year, at 8626, while individual voluntary arrangements €“ where borrowers reach an agreement with their creditors to repay a set percentage of their debts, were down by 4.5% to 13047.

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Bankruptcy figures fall in 2011 - Beat My Debt


Bankruptcy figures fall in 2011
Beat My Debt
Headline figures show personal insolvencies in the UK have fallen by 11.3% between in 2011 compared to 2010. However has the number of people struggling with debts in the UK really fallen? The number of people who have declared themselves formally ...

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Yorkshire's debt burden revealed as squeeze bites - The Yorker


The Yorker

Yorkshire's debt burden revealed as squeeze bites
The Yorker
A new report commissioned by debt charity Consumer Credit Counselling Service (CCCS) has revealed the scale of the debt burden shouldered by households in Yorkshire. The Debt and the Regions report, produced by the Financial Inclusion Centre (FIC) for ...

Dirty tricks in a divorce can cause some nasty surprises - The Independent


Dirty tricks in a divorce can cause some nasty surprises
The Independent
This means that each partner is liable for the full debt if the other cannot or will not pay. Caroline Hamilton, debt counsellor with debt counsellor debt the Consumer Credit Counselling Service (CCCS), says: "If one party is more able to pay, ...

Bankruptcy Is the cost of bankruptcy forcing people into DMP - Beat My Debt


Bankruptcy Is the cost of bankruptcy forcing people into DMP
Beat My Debt
These figures certainly paint a positive picture about the general state of personal finances in the UK today. However a closer look reveals that it is only where bankruptcy is concerned that the figures are falling. The figures show that in 2011 41845 ...

A RISING TIDE OF DEBT AS WATER BILLS HIT HOME - Express.co.uk


A RISING TIDE OF DEBT AS WATER BILLS HIT HOME
Express.co.uk
By Holly Thomas, Deputy Personal Finance Editor HOUSEHOLDS are feeling the strain of soaring utilities costs, with calls to National Debtline for help with water bills up by a third in the past year. Nearly 10 per cent of all callers now have water ...

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