February 12, 2010 | Posted by Gary Price
During the credit crunch, there was a rise in the percentage of UK residents that were facing insolvency. Many people chose to go with a bankruptcy and others used IVAs or debt management to deal with their large debt problems. If you happen to be a person in serious debt, make sure you weigh out all the options that are before you. If you don’t know the options you can’t make an informed decision.
Categories: Debt | 
Tags: Debt, finances, insolvency, IVAs | 
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February 8, 2010 | Posted by Saralyn Slark
Personal debt is very common in Western society. It is often very difficult thing to prevent and to overcome as well. Many people feel that they would rather keep their money problems quiet and sometimes they will not even tell close family members. It’s likely that people in this kind of situation should turn to professional help, but who can provide this advice?
Categories: Debt | Tags: BBA, Debt, Debt Advice, financial, Individual Voluntary Arrangements, IVAs, UK Insolvency Service | No Comments »
February 5, 2010 | Posted by Guy LeClair
In the United Kingdom there is a debt solution known as an IVA (or Individual Voluntary Arrangement). It has been around for several years and it allows citizens to pay back significant amounts of debt to their creditors. The process is legally binding and usually lasts for 5 years.
Categories: Debt | Tags: Debt, finances, insolvency, IVAs | No Comments »
February 3, 2010 | Posted by Davis Merriweather
Beginning this year, Individual Voluntary Arrangements in the United Kingdom will be subject to stricter regulations. The UK Insolvency Service has introduced a new code of conduct that they hope will help UK residents with debt problems, better decide their options.
Categories: Debt | Tags: BBA, Debt, Debt Advice, financial, Individual Voluntary Arrangements, IVAs, UK Insolvency Service | No Comments »