THE rate of personal insolvency in Swindon rose by nearly 20 per cent in 2017.
In 2016 19.8 adults per 10,000 in the town were declared insolvent, according to Insolvency Service figures.
But by 2017 that had risen to 24.6 per 10,000, an increase of 19.5 per cent.
In Swindon there were 419 new insolvency cases in 2017, up from 334 the year before.
Insolvency is when a person cannot pay off their debts and has to arrange a plan with an official body to pay off creditors.
Geoff Naylor, Swindon centre manager at Christians Against Poverty, told the Adver: Im increasingly seeing people who have very tight budgets and realistically they are never going to be able to pay it off.
Weve run the debt c…