From a recent newspaper story:
Thousands of women who are in desperate debt are shying away from bankruptcy because of the social stigma.
Refusal to take this difficult decision is piling on misery and creating even greater debt problems, according to a study from the Consumer Credit Counselling Service.(CCCS)
The CCCS says that 61 per cent of the people it recommends to go bankrupt are women – three quarters of these are single.
Yeah, yeah . . . you’ve heard it before. But, this is from the UK’s Evening Standard about problems in the UK. The full story is worth a read and is further evidence that booming consumer credit and bankruptcy filings is becoming more than just a U.S. issue.
Another hat tip to Buce for pointing out the story.
