People in the UK with severe debt problems are going to experience the bite of creditors more than ever this year, as home repossessions soar.
123 properties will be ceased a dat this year as providers attempt to recoup at least a small portion of the money they're owed.
Personal bankruptcy is expected to be incredibly popular this year with people waking up to the fact they can no longer live with the insurmountable debt they've built up.
The alternative to a personal bankruptcy is an IVA so if you have large debts and don't want to lose your home, then it's something you should be looking into.