The insolvency service has revealed that in excess of 200 people in the UK are being declared bankrupt each and every day as the recession continues to claim more victims. More and more people across the UK are finally come to terms with what is the most severe recession in recent times and although many believed their property assets would bail them out of any trouble this has not been the case. So what next for those in dire financial straits?
While more than 200 people a day are being declared bankrupt there are significantly more on the verge of serious financial distress but preferring to turn the other cheek and avoid facing the subject head-on. Those who have any concerns about their short to medium term…
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