Bankcruptcies Hits Five Year Low but Not Reflect the True Financial Difficulties (Real Estate - Houses, Properties for Sale)

Item ID 9428131 in Category: Real Estate - Houses, Properties for Sale

Bankcruptcies Hits Five Year Low but Not Reflect the True Financial Difficulties


Personal bankruptcies hit a 5-year low, with only 6,663 recorded in Q1, a 27% drop from the previous year. Personal insolvencies, including debt relief orders and individual voluntary arrangements, also decreased to their lowest in five years, totalling 25,006.

However, this may not reflect the true financial difficulties faced by many households. Debt patterns are shifting, with more people falling behind on essentials like council tax and energy bills.

Our knowledgeable, friendly team can talk you through the options available, and help you understand the process.


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Target Nation: All Nations
Target City : Norwich
Last Update : 24 November 2023 3:54 PM
Number of Views: 97
Item  Owner  : Jamie Playford
Contact Email:
Contact Phone: 08002461845

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2024-04-29 (0.225 sec)