Page last updated at 12:51 GMT, Tuesday, 7 October 2008 13:51 UK

More people seek financial advice

The charity has seen an increase in people needing help

The Citizens Advice Bureau (CAB) in Londonderry has said it has seen a big increase in the number of people seeking advice on debt since April.

The charity has dealt with a rise in inquiries during the credit crunch. In one day they dealt with two house repossessions and six insolvencies.

Rosemary McCormack, a supervisor with Derry CAB said many people are running out of ways to manage their debts.

"We're finding a great number of people now considering bankruptcy," she said.

"Previously people would have been in a position where they could've considered a wide range of options, like debt management plans or Individual Voluntary Arrangements (IVAs), but that's no longer the case," she added.

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Sign in

BBC navigation

Copyright © 2017 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific