School leavers about to go off to university appear to have mugged up on the bankruptcy laws before they’ve even arrived on campus. I’m not sure if I sympathise with them or whether I find it rather cheeky!
According to the latest survey of soon-to-be students, the credit reference agency, Equifax, found that 11% of respondents are considering taking advantage of the relaxed bankruptcy laws if they get into too much debt while at university….