{"id":11007,"date":"2011-03-30T12:00:21","date_gmt":"2011-03-30T11:00:21","guid":{"rendered":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/?p=11007"},"modified":"2019-08-05T12:07:40","modified_gmt":"2019-08-05T11:07:40","slug":"northern-ireland-has-most-bankruptcies-in-uk","status":"publish","type":"post","link":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/northern-ireland-has-most-bankruptcies-in-uk\/","title":{"rendered":"Northern Ireland has most Bankruptcies in UK"},"content":{"rendered":"\n

It seems that Northern Ireland leads the way when compared to other \nregions of the UK in the level of personal debt problems encountered by \nits citizens, according to a report issued by a national debt charity, \nthe Consumer Credit Counselling Service (CCCS).<\/p>\n\n\n\n\n\n\n\n

The charity looked at a number of measures and concluded that the \nLondon region and Northern Ireland were top of the regions in vying for \nthis unenviable and undesirable tag. The CCCS dealt with more bankruptcy\n cases in Northern Ireland than anywhere else in the UK, recommending \nthat process to almost 13% of its clients. It also recommended \nindividual voluntary arrangements (IVAs) to a further 8% of its clients.<\/p>\n\n\n\n

In terms of disposable income, Northern Ireland clients had on \naverage \u00a355 per month less than they needed to cover the cost of their \nliving expenses, again an unwanted statistic and a high for the UK. A \nspokesperson for the charity commented: \u2018Although anyone, whatever their\n background, age and location, can struggle with debt, there are parts \nof the country where personal debt problems appear to be more \nintractable. Debt clusters areas such as Northern Ireland and London, \nneed special attention in terms of preventing people from falling into \nunmanageable debt particularly by making people aware of the free debt \nadvice and support that is available both on helplines and online\u2019. <\/p>\n\n\n\n

\"Bankruptcy<\/figure>\n\n\n\n

The charity stated that people who are unable to meet their monthly \noutgoings are at risk of falling into further debt and many people \ndelayed seeking help until the problem became very serious. Overspending\n was just one of the causes of insolvency; the charity identified \nmarital breakdown, loss of employment, short time working, a family \nbereavement or serious illness as some of the other underlying issues, \ncompounded by the effects of the recession and increases in the costs of\n living including the rising costs of government services.<\/p>\n\n\n\n

A recent issue of the Belfast Telegraph carried a list of seventy \nfour persons against whom bankruptcy orders had been made in the \nprevious week. The list of occupations was diverse and included draper, \nplumber, haulier, builder, joiner, electrician, taxi driver, cashier, \ninnkeeper, restaurateur, publican, taxi proprietor, plaster boarder, \nhairdresser, takeaway proprietor, subcontractor, accountant, fish and \nchip shop proprietor, insurance adviser, refuse loader, retired civil \nservant, foreman, nurse, dietician, quantity surveyor, joiner, bus \ndriver, lorry driver, production operator, student, contractor, florist \nas well as some unemployed and retired persons and those whose \noccupation was unknown.<\/p>\n\n\n\n

A further substantial numbers of people enter into IVAs in Northern \nIreland every week – over 1,000 in 2010 – so the total number of \ninsolvent individuals in the province is soaring with little respite in \nprospect at present.<\/p>\n","protected":false},"excerpt":{"rendered":"

It seems that Northern Ireland leads the way when compared to other regions of the UK in the level of personal debt problems<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-11007","post","type-post","status-publish","format-standard","hentry","category-bankruptcy-articles"],"_links":{"self":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/11007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/comments?post=11007"}],"version-history":[{"count":1,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/11007\/revisions"}],"predecessor-version":[{"id":11013,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/11007\/revisions\/11013"}],"wp:attachment":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/media?parent=11007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/categories?post=11007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/tags?post=11007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}