http://news.bbc.co.uk/1/hi/business/5244202.stm
Guess who will be paying for that? Get in there quickly...
Analysts predict the number of personal insolvencies this year will exceed 100,000 - almost three times the total before a law change two years ago.
This week all the major banks increased their provisions to cover debts that will not be repaid.
The law was changed in 2004 so people going bankrupt could be discharged - free of their debts - in under a year.
This week all the major banks increased their provisions to cover debts that will not be repaid.
The law was changed in 2004 so people going bankrupt could be discharged - free of their debts - in under a year.
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