Personal Insolvency Update – Q1 2009

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Britain is broke - levels of personal insolvency in England & Wales continued to increase for the second consecutive quarter as the recession really begins to bite
Debt Relief Orders - due to take effect in April, the impact on creditors, both public and private sector, will depend much on the approach and recommendations of the not-for-profit advisors.
Gimme Shelter - the solutions to solve the shortage of social housing, turn 'bad' mortgages into performing loans for lenders, and stop a flood of empty repossessed properties from further diluting the housing market might require a new approach.
Precious Plastic - explores the impact of the credit crunch and presents the findings of the first PwC Credit Confidence survey.

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