More go bankrupt in North Yorkshire

First published in News

THE number of people going bankrupt in North Yorkshire has more than trebled over the last decade according to figures released by a debt charity.

The Consumer Credit Counselling Service (CCCS) obtained figures from the Insolvency Service which show that the amount of people going bankrupt in North Yorkshire has risen from five per 10,000 people in 2000, to 18.3 per 10,000 people in 2009.

Debt expert Delroy Corinaldi said: “The rise in the rate of bankruptcy in North Yorkshire over the last ten years is alarming.”

“The debt charity believes that this figure could continue to rise with the continuing economic downturn and factors such as inflation, wage freezes and redundancy affecting many.

He added: “Anyone in North Yorkshire who is concerned about their debts should seek advice and support from a debt charity such as CCCS or their local Citizens Advice Bureaux as soon as they realise they have a problem.”

Comments

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree