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Bankruptcies and Insolvencies are in Decline
Bankruptcies and insolvencies are in decline according to the latest figures from the Insolvency Service.
However, that does not mean the worse is over! As Louise Brittain from Deloitte states in this article, “The full impact of government cuts has yet to hit home, and when they do it will filter through to the private sector as outsourced supply chains are slimmed down. The consequent job losses will mean we are likely to see a sharp rise in the level of people petitioning for bankruptcy in the next nine months.”
So remember – if you are in debt and have credit problems. The key is to realise you have a problem, and then take action. The DEBTIPLES™ approach may be the way forward for you. Whatever you decide, don’t delay and make progress today!