Published 15/04/2016 | 02:30
Donald Trump has done it three times and there’s every chance he’ll be a nominee for US President yet. But on this side of the pond, bankruptcy still has a stigma attached, a shame that is hard to shift.
Despite the launch of the Insolvency Service and legislation providing for a wide range of options, it can be hard to take that first step.
Michael Culloty of the Mortgage Advice and Budgeting Service (MABS) says clients availing of their Dedicated Mortgage Advice service are often what banks term ‘non-engagers’. “They stick their head in the sand, hoping things improve or they get a job, or win the Lotto. Some debt agencies don’t offer the best advice, or have t…
Read the full article at: http://www.independent.ie/business/personal-finance/choice/going-for-broke-the-logical-step-after-pain-of-insolvency-34625797.html