Insolvencies rising among women

By May 30, 2013Insolvency

An astonishing rise in insolvencies among women in England and Wales will see their financial failure rate overtake men for the first time, new research has found.

The Debt Advice Foundation said women accounted for 49% of personal insolvencies in 2011, up from 30% a decade previously.

The charity said analysis of trends in Insolvency Service data revealed that rate would remain broadly equal in 2012, with women projected to outstrip their male counterparts in 2013.

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