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Debt in Swindon `on the rise` New debt management option "a positive step" Consumers `should get advice over IVAs, bankruptcies and DROs` Women `less likely to file for bankruptcy` Councils `filing for bankruptcy for those who fail to pay tax` Consumers lying about finances Rise in bankruptcies revealed Scottish bankruptcies on the rise, new figures suggest Borrowers `accruing more debt before seeking IVAs` Bankruptcies `high in south-west` Landlord bankruptcy enquiries `on the up` Increase in bankruptcy figures for another CAB Bankruptcy "best option" for some households 90% "choosing to `jump before they were pushed`" R3: Bankruptcies and IVAs to rise over next 12 months Insolvencies rise for automotive companies Fuel price hike sparks bankruptcy fears London bankruptcies have "quadrupled" Government department identifies fall in bankruptcy levels Insolvency figures `hide true extent of debt problems`

Extra bankruptcy help welcomed

10/01/2008

Extra government help for businesses and consumers who file for bankruptcy has been welcomed by a major financial institution.

Last month, local government minister John Healey announced that companies in administration will be exempt from empty property rates which are charged to both businesses and personal tenants.

This move has been approved by R3, which claims earlier decisions went against common sense in the bankruptcy procedure.

President of R3 Patricia Godfrey said: "This decision couldn`t have come at a better time. With the effects of the credit crunch increasingly likely to be felt during the new year, this move will help administrators save business and jobs."

R3 is the trading name of the Association of Business Recovery Professionals.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according