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LATEST NEWS & EVENTS Charity warns over household finances  Growing concerns over the number of individuals who may need help from an insolvency lawyer have prompted one charity to call on households to implement a financial plan to stave off money problems. The Consumer Credit Counselling Service (CCCS) says one in four households "urgently" need a financial plan to avoid hardship in 2012 and beyond. A study from the Institute of Financial Planning, which revealed one in four Britons (26 per cent) do not set a clear budget each month, also raised concerns about a possible spike in the personal insolvency rate. Delroy Corinaldi, director of external affairs at CCCS, said: "Setting a clear budget now is the best way to help withstand the financial headwinds in 2012 and beyond - and will leave you in a far better position to cope with any difficulties you may face in the future." The CCCS also warned that rising unemployment levels will throw many more people into financial hardship. Despite these concerns, figures from the Office for National Statistics showed an 11 per cent drop in the personal insolvency rate in the three months to the end of September. Posted by Georgina Price 
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