Record number of 55,000 declare themselves bankrupt last year

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Record number of 55,000 declare themselves bankrupt last year

15th February 2008, 23:40:PM

Record numbers declared themselves bankrupt last year in the latest sign of the credit crunch taking grip, government figures have revealed. Nearly 55,000 in England and Wales took the drastic action after being unable to keep up with debt repayments

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Tags: bankrupt, credit, debt, government, guardian, money, petition
Legal Beagles

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Joined: Aug 2007

Posts: 23084
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#2

16th February 2008, 00:21:AM

Record numbers petition to have themselves made bankrupt

Tories blame soaring cost of living and falling pay for figures, which are expected to rise even further in 2008

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Record number of 55,000 declare themselves bankrupt last year

Record number of 55,000 declare themselves bankrupt last year

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