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05 Feb 10
10:18
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Date Joined:
05 Apr 06
http://news.bbc.co.uk/1/hi/business/8499939.stm
The number of people who were declared insolvent in England and Wales hit a record high in the last quarter of 2009 and during the year in full.
The figures from the Insolvency Service marked the depth of the recession, with 35,574 people declared insolvent in the last three months of the year.
That was a rise of 25% on the same period a year earlier.
The number of businesses going bust also rose to a new annual record in 2009, with 6,355 going under.
The number of people who were declared insolvent in England and Wales hit a record high in the last quarter of 2009 and during the year in full.
The figures from the Insolvency Service marked the depth of the recession, with 35,574 people declared insolvent in the last three months of the year.
That was a rise of 25% on the same period a year earlier.
The number of businesses going bust also rose to a new annual record in 2009, with 6,355 going under.
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No more quantatative easing from the BofE and the car scrappage scheme ending in March. The second dip of the 'double dip' recession is now imminent, innit?
then inflation and interest rate hikes, as heard say last year "theirs a load of dead people out there,they just don't know it yet"
I'm a dead man walking just just passing money round here there and everywhere wondering when the banks will notice.
THE QUEEN DOESNT USE CREDIT CARDS ,THATS WHY SHES GOT LOADS OF MONEY
i've never had a credit card either DO WAH
does that mean i've lots of money
does that mean i've lots of money
Insolvency is not the same as Bankruptcy, which is why people and businesses take the insolvency route.
I started off with nothing and still have most of left.
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