Insolvency practitioners warn that household finances are set to come under renewed pressure this winter.

Personal insolvency figures are predicted to fall further tomorrow, but experts warned the recent improving trend is likely to hit a turning point soon, with large numbers of people still living on the brink. Charles Turner, vice-president of the Insolvency Practitioners Association (IPA), expects personal insolvencies to fall further from the four-year low set in the second quarter of this year to around 26,600 in official figures for the third quarter published tomorrow. Within this total, Mr Turner said there were likely to be around 8,000 bankruptcies, which would be a similar level to the 8,088 orders made in the previous quarter, which was the lowest figure since 2003.....Read more here: Fall in number of bankruptcy expected - Telegraph