{"id":74872,"date":"2014-02-08T14:00:09","date_gmt":"2014-02-08T07:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-you-owe-a-fresh-start-to-being-declared-bankrupt\/"},"modified":"2017-12-19T15:03:22","modified_gmt":"2017-12-19T08:03:22","slug":"when-you-owe-a-fresh-start-to-being-declared-bankrupt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-you-owe-a-fresh-start-to-being-declared-bankrupt\/","title":{"rendered":"When you owe a fresh start to being declared bankrupt"},"content":{"rendered":"<p>&#013;<br \/>\nFor many, insolvency is a way out of spiralling debt problems and a way to secure a better futureWith spiralling debt after 10 years of borrowing, Paul Broderick was approaching 30 in 2006 when he quit his local government job and a few months later went bankrupt.&#8221;I&#8217;d been indoctrinated into the debt culture at uni,&#8221; he says. &#8220;It was credit card after credit card, instant approvals, thousands dropping through the letterbox. I believed I was going to pay it all off. By the time I got to my late 20s, I realised what I wanted from life but couldn&#8217;t do any of it because I had more than \u00a327,000 of debt around my neck.&#8221; Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2014\/feb\/08\/fresh-start-declared-bankrupt-better-future\" target=\"_blank\">When you owe a fresh start to being declared bankrupt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; For many, insolvency is a way out of spiralling debt problems and a way to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-74872","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-jtC","jetpack-related-posts":[{"id":63636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-debt-tide-is-rising-how-can-you-avoid-drowning\/","url_meta":{"origin":74872,"position":0},"title":"The UK debt tide is rising \u2013 how can you avoid drowning?","date":"August 14, 2017","format":false,"excerpt":"\r With total household borrowing now topping \u00a3200bn, we looks at options for those who find themselves in difficultiesCampaigners have long warned of the problem and it is now official: Britain has a growing debt problem at levels not seen since the global financial crisis almost a decade ago.Borrowing through\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-buy-a-flat-while-im-paying-off-debts-through-an-iva\/","url_meta":{"origin":74872,"position":1},"title":"Can I buy a flat while I&#039;m paying off debts through an IVA?","date":"January 19, 2017","format":false,"excerpt":"\r Also, will I be able to get a mortgage after my individual voluntary arrangement ends? I don\u2019t have a deposit thoughQ I have a few questions about whether I have any chance of buying a flat while I am on an IVA (individual voluntary arrangement) and repaying my debts.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-ex-husband-has-landed-me-with-a-9000-mortgage-debt\/","url_meta":{"origin":74872,"position":2},"title":"My ex-husband has landed me with a \u00a39,000 mortgage debt","date":"November 11, 2015","format":false,"excerpt":"\r When we divorced he was awarded the house \u2013 he but refused to take me off the title deeds and is now bankruptI have a bill of \u00a39,000 because I have been lumbered with responsibility for my ex-husband\u2019s house, which is worth less than the mortgage.I jointly owned the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jubilee-debt-campaign-seeks-40bn-write-off-of-consumer-borrowing\/","url_meta":{"origin":74872,"position":3},"title":"Jubilee Debt Campaign seeks \u00a340bn write-off of consumer borrowing","date":"March 5, 2018","format":false,"excerpt":"\r Charity behind Drop the Debt initiative in Latin America and Africa turns attention to BritainThe charity behind the Drop the Debt campaign to help developing countries stuck with problem borrowing is turning its attention to Britain, calling for government action to write off as much as \u00a340bn in spiralling\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-debt-tops-1-28-trillion-consistent-with-k-shaped-economic-divide-new-york-fed-research-shows\/","url_meta":{"origin":74872,"position":4},"title":"Credit card debt tops $1.28 trillion \u2014 consistent with \u2018K-shaped\u2019 economic divide, New York Fed research shows","date":"February 11, 2026","format":false,"excerpt":"\r Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.\r \r Source : cnbc.com\r Read more...Credit card debt tops .28 trillion \u2014 consistent with \u2018K-shaped\u2019 economic divide, New York Fed research shows","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-debt-dips-to-1-25-trillion-but-maintains-k-shaped-pattern-new-york-fed-research-shows\/","url_meta":{"origin":74872,"position":5},"title":"Credit card debt dips to $1.25 trillion \u2014 but maintains \u2018K-shaped\u2019 pattern, New York Fed research shows","date":"May 12, 2026","format":false,"excerpt":"\r Collectively, Americans owe $1.25 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.\r \r Source : cnbc.com\r Read more...Credit card debt dips to .25 trillion \u2014 but maintains \u2018K-shaped\u2019 pattern, New York Fed research shows","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74872"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=74872"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=74872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=74872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=74872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}