Debt write-off 'at £1.4bn record'


Creditors have written off a record amount of personal debt in the UK as more and more people get into financial trouble, a report has said...

According to accountants KPMG, £1.4bn of bad debts were written off this year after people signed up for Individual Voluntary Arrangements (IVAs).

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Posted: Sat - December 30, 2006 at 10:05 AM         | |

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