Personal Insolvency Update – 4Q 08

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Personal Insolvency Update – 4Q 08

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Quarterly bankrupts at record high
A look at the latest personal insolvency statistics and the trends and stories behind the numbers.
First the bubble, now the blame game
The cultural shift to embrace credit has left many questions about how, why and who?
Is TCEA just ticking the boxes?
Will attempts to modernise and streamline distress laws have the opposite effect?
Councils: damned if they do, squeezed if they don’t
The dilemma faced by Councils to protect revenues against a backdrop of reputational risk for them and their advisers.

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