Mortgage market rules change constantly but the basis for lending someone hundreds of thousands of pounds to buy a house is the same. Banks operate on a simple premise: will…
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Figures released at the start of this month show that the number of people taking out Individual Voluntary Arrangements has gone up 10% since the second quarter of the year,…
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The number of individual insolvencies in England and Wales in the first three months of 2011 was 30,162, a decrease of 15.5 per cent on the same period last year.…
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Record numbers of people will become insolvent over the next two years accountancy firm KPMG announced this week. They claim that at least 130,000 people will become bankrupt or take…
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The number of IVAs transacted in the last quarter of 2007 plummeted by 27.3% on the same period the previous year as creditor approval criteria tightened. There were 9,188 agreements…
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A record number of people will be declared insolvent this year, as high levels of debt and the impact of the credit crunch take their toll on overstretched borrowers, it…
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THE ultimate in no-fuss bankruptcies has been put before Parliament for approval. To qualify, you need only persuade a public official that there is no way you can ever pay…
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Minister Jim Fitzpatrick suggests banks are partly to blame for their bad debts. The government has rejected calls for more regulation of firms that market individual voluntary arrangements, known as…
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