As we have covered on a number of occasions of late there is serious concern that personal insolvency numbers, which could lead to bankruptcy or IVAs, could hit record highs in 2009. A number of the major UK accountancy firms have come forward over the last few days forecasting that record numbers of the UK population will be hit by serious financial concerns which could result in the repossession of homes and substantial assets.
While some of the UK population seem destined for serious financial concerns there are many who appear to be ignoring their difficult situations and making matters worse. It is vital that at the first sign of financial hardship or a significant reduction in income that professional adv…
Read the full article at: https://www.financialadvice.co.uk/news/6/loans/9114/personal-insolvency-set-to-increase-in-2009.html
