http://www.isnare.com/?s=author&a=Diana+Middleton Finances Diana Middleton Sat, 26 Jan 2008 00:00:00 -0800 http://www.isnare.com/?aid=84200&ca=Finances One in five people in the UK who have unsecured debt of more than £10,000 are reportedly considering insolvency. Indeed, a record 26,000 people in England and Wales became insolvent during the second quarter of 2006 and it appears that the UK is heading for an astonishing 100,000 personal insolvenci... Finances Diana Middleton Sat, 26 Jan 2008 00:00:00 -0800 http://www.isnare.com/?aid=100671&ca=Finances The BBC has reported that people on UK state benefits will no longer be given an option of taking out an IVA to help pay off their debts. In an IVA or Individual Voluntary Arrangement people negotiate a repayment plan with their creditors with an Insolvency Practitioner acting on their behalf. Up t... Finances Diana Middleton Thu, 18 Oct 2007 00:00:00 -0700 http://www.isnare.com/?aid=97178&ca=Finances The Bank of England has warned that the UK's financial heart could be in trouble if the country's debt bubble bursts. As much as £40 billion worth of profits could be wiped off balance sheets if a collapse in asset prices was to coincide with a sudden jump in borrowing rates. The news demonstrates t... Finances Diana Middleton Tue, 31 Jul 2007 00:00:00 -0700 http://www.isnare.com/?aid=85632&ca=Finances This term, UK students face unprecedented levels of debt after graduation. According to Natwest Bank's research, students will complete their 3 year courses with almost £15,000 worth of debt. Last year a record 900 former students declared themselves bankrupt. It's not all bad news though. According...