Consumer bankruptcies hit record high in Poland

Declaring bankruptcy is becoming increasing popular among Poles. This year nearly 3,000 people did so, which is twice as many as in 2015, the daily Gazeta Wyborcza reports. Data from the Judicial and Economic Monitor, where court decisions on bankruptcies are published, clearly indicates that indebted and insolvent Poles are seeking refuge in consumer bankruptcies. “Analysis…

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