Problems of personal debt ‘on the increase’

Mr Wilkins, speaking after the annual general meeting of the International Association of Insolvency Regulators, held in Jersey recently, said that personal bankruptcy was the ‘contemporary theme’.

It was one of the issues which focused the attention of the 50 delegates when they met at the event, held at the Grand Hotel.

The delegates, who represented communities as diverse as Australia, China, the UK, Colombia and the USA, also examined the problems of managing insolvency in the era of offshore financial services and cross-border corporate activity, areas in which the Island has special expertise.

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