Spectre of debt suicide haunts the UK

WEDNESDAY, JULY 12, 2006

It's been reported that a person with £ 130,000 worth of credit card debts has taken his own life. The man from Wiltshire faced the prospect of losing his home after running up the massive debts over 5 years on 22 different credit cards.

Apparently, 17 people in the UK have committed suicide in the last three years, and their deaths were directly attributed to debt problems.

It's well known that debt problems can affect one's physical and mental well-being. Many people in debt don't discuss their financial problems with their partners. According to a survey released in February by MyCallCredit, as many as one in seven people wouldn't discuss their debt problems with their partners unless asked directly about them.

If you can't yet face up to your debt problems, there is debt help and advice available online. If you prefer the anonymity of the internet to start with, then you can find a debt discussion forum by doing a Google search for "debt problems forum UK" for example but without the quotes.

When you are ready to confront your financial problems, please remember that Accuma's specialist debt advice is free and non-obligatory.