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Nurses and teachers increasingly taking breaks in UK to go bankrupt

NURSES and teachers are taking sabbaticals from their public service jobs to go bankrupt in the UK, the Sunday Independent has learned.

James Treacy: It's time to accept that for many, their financial situation is hopeless

Back in March last year 'StubbsGazette', in association with Red C, conducted the most comprehensive survey to date of the state of personal insolvency in Ireland.

Number of people going bankrupt doubles in just a year

THE number of Irish people adjudicated bankrupts in Ireland and the UK almost doubled this year.

StubbsGazette Personal Insolvency Survey Results

The Personal Insolvency Bill that was published in June of last year and enacted just before Christmas has been held out as the solution to Ireland's chronic levels of personal indebtedness.