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The big bankruptcy wave is yet to come

The situation is tense, but many affected citizens in the Herford district have so far been able to stay afloat. That could change in the course of the year.


Lena Kley

01/16/2021 | As of January 16, 2021, 1:53 p.m.



Herford district. Short-time work, job loss and the like do not go past the people in the Herford district. So far, however, there can be no talk of a bankruptcy wave. If you believe the debt counseling in the Herford district, this is only the calm before the storm. It should have been rather quiet for them in the past few months – but it will probably not be long. First of all, the assessment of the current situation sounds positive. “The demand has not increased significantly,” says Regine Stoller-Wegener from the AWO’s debt counseling center …

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