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 the uk bankruptcy tsunami
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dogs3
Junior Member

157 Posts

Posted - 08 October 2008 :  14:25:46  Show Profile  Visit dogs3's Homepage  Reply with Quote
does anyone agree the uk is going to be swamped by a bankruptcy tsunami, well beyond the resources available to the current official receivers service, as a result of the economic black death now facing western europe.

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 08 October 2008 :  14:41:05  Show Profile  Reply with Quote
Hi Dogs3

Thats a good point, i have been watching the news most of the day, and to be honest i know we are not the banks but i am really glad i went BR before all this took hold.

It just goes to show that its not just us meare individuals that are struggling but the big financial institutions too, when they are a much i think to blame for our BR as we are.

They threw money at us and now things are just bleak allround, but we dont get a large financial package, we have to lose everything.

Maybe now those high ranking bankers with the large bonuses will start to hit reality.

LOL

Jo x
Your Mother Hen :-)

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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