'I welcome the crunch: it's shut off the easy loans that destroy lives' For those struggling to remortgage to a reasonable interestpaying it; borrow through remortgages, credit cards and securedfails, they will file for bankruptcy - provided they can scrapethe couple will file for bankruptcy. 'This will clear the negativesays: 'I don't like going bankrupt because I'm an honest person http://www.tiscali.co.uk/money/guardian/features/2008/05/11/i-welcome-the-crunch-its-shut-off-the-easy-l.html

Scandal of luring first-time buyers | Alice Miles - Times Online prices for new build homes might come down, and the odd bankrupt home here and there, but the rest of us will be sittingthe edge, over-mortgaged, negative equity, unable to remortgage, unable to get credit and manage their debt in a fashionover-mortgaged, debt-laden households from foreclosure and bankruptcy. The behaviour of thebanks over the last tenincome families who cannot repay their mortgage or indeed remortgage at all. The fat cats we all enjoy pointing the finger http://www.timesonline.co.uk/tol/comment/columnists/alice_miles/article3768099.ece

'I welcome the crunch: it's shut off the easy loans that destroy lives' For those struggling to remortgage to a reasonable interestpaying it; borrow through remortgages, credit cards and securedfails, they will file for bankruptcy - provided they can scrapethe couple will file for bankruptcy. 'This will clear the negativesays: 'I don't like going bankrupt because I'm an honest person http://www.tiscali.co.uk/money/guardian/news/2008/05/11/i-welcome-the-crunch-its-shut-off-the-easy-l.html