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Bankruptcies `high in south-west`

04/09/2008

The proportion of consumers going bankrupt in the south-west towns of Weymouth and Dorchester is significantly higher than the national average, it has been suggested.

Ministry of Justice figures reveal that the number of people in the area with such debt problems is four times greater than it is for the whole country.

Figures cited in the Dorset Echo indicate that there was a 16 per cent increase in bankruptcies in Weymouth and Dorchester during the second quarter of 2008, compared with the first.

Commenting on the findings, Helen Jones, deputy manager at Weymouth Citizens Advice Bureau (CAB), said: "People are telling us that times are hard.

"We have seen an increase in calls about bankruptcies and I think it is perhaps partly due to the fact that bankruptcy doesn`t have the stigma that it used to."

She went on to say that debt is certainly on the increase and around half the workload of her organisation centres around debt cases.

According to a report in the Bury Free Press last month, the Bury St Edmunds CAB saw a 60 per cent rise in bankruptcy cases during the second quarter of this year compared with the first.

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