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Showing posts with the label bankruptcy

Debt News (Feb 2024)

Monthly Debt News looks at debts and the causes of debts in Britain from various sources selected for professionals to make the debt sector simple. This month’s Debt News includes councils warning MPs the fear of bankruptcy,   MPs recommend councils should not be chasing debters who are unable to afford to pay debts, a rise in enforcement agents by £20% to recover council tax debts, mortgage defaults jump since Christmas and a student chased for a student loan that she had not borrowed. There are also bitesize stats to get an overview of the causes of debts in Britain. You can also catch up with previous Debt Talk podcasts if you have missed them.  ——————— News:  ——————— More than 50 councils warn MPs of bankruptcy fears over emergency housing costs One council said it had seen its emergency housing costs almost quadruple over the last six years  More here: Link  ——————— Council tax – councils should not be chasing arrears from households that can least afford i...