Lamport Bassitt Solicitors - Legal News - Debt problems 'can lead to mental health issues'


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS Debt problems 'can lead to mental health issues' Those looking to receive advice for personal insolvency matters might have noted an expert's verdict that debt problems can sometimes lead to mental health issues. According to Dr Jim Bolton, spokesperson for the Royal College of Psychiatrists, the frequency of these kinds of troubles might increase as the effects of the recession continue to mount. "If you've got debt worries it doubles the likelihood that you might have a mental health problem," he said. Dr Bolton went on to add: "The more debts you have, the more likely you are to suffer with stress". He also cited issues such as anxiety and depression as being potential outcomes of finance-related worries. The remarks follow news from Mind that 96 per cent of people reported increased levels of anxiety after they were visited by bailiffs. In addition, 65 per cent of respondents claimed they were subjected to aggressive behaviour during the encounter. Posted by Helen Causer Related Articles: 8/5/2012 - More companies fail as personal insolvencies fall 23/4/2012 - Landlords and insurers unite behind insolvency law reform 19/4/2012 - Enterprise Act 'does not need radical overhaul' 13/4/2012 - Retail insolvency rate up 15% as rent payments bite 28/3/2012 - Business insolvencies on the rise More Insolvency & Restructuring News