Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > World Forums > United Kingdom
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 05-19-2008, 01:44 AM
Location: Michigan
29,391 posts, read 55,550,807 times
Reputation: 22044


LONDON, May 17 (UPI) -- Bankruptcy applications were up 12 percent in the first quarter of the year in Britain compared to the previous quarter, figures show.

Ministry of Justice figures indicate that during the first three months of 2008, there were 13,080 official requests for bankruptcy status, reversing 2007's downward trend, The Independent reported Saturday.

Bankruptcy requests rising in Britain - UPI.com
Reply With Quote Quick reply to this message

Old 09-29-2008, 03:24 PM
1 posts, read 1,452 times
Reputation: 10
Default Re:News, Bankruptcy requests rising in Britain.

In the UK, bankruptcy is an option set aside for any individual who finds themselves in a situation where they can no longer pay their debts “as and when they fall due”. The actual Bankruptcy proceeding has two basic aims. The first is to free the individual from the rising pressures coming from the creditors to whom they owe money, thus enabling him or her to make a fresh start.

Last edited by Cornerguy1; 09-29-2008 at 08:20 PM..
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > World Forums > United Kingdom
Similar Threads

All times are GMT -6. The time now is 05:36 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top