UK becoming a 'nation of bankrupts' 4th August, 2006 Figures from the government are expected to show a record number of people declared themselves bankrupt this spring. Financial services group KPMG predicts the number of people who went into inso...

IVA - Frequently Asked Questions ( Formal Debt consolidation ) Common questions regarding IVA's (Individual Voluntary Arrangement's) An IVA is a legally binding arrangement supervised by a Licensed Insolvency Practitioner, the purpose of...

My debt consolidation story A Chase Saunders Case Study I owed £60k on four loans and 11 cards, but paid it all off and am now debt-free. Here's how you can sort your debt problems. An easy to follow plan could help many relieve the burden of d...

If you are struggling with debt then it may be worthwhile considering a debt consolidation service. They should then be able to let you know how much money you can save you each month and relieve the stress of debt. • The advice is usually free. • ...

Jargon Buster • Adverse Credit: used to describe a person who has a history of defaulting on credit repayments, has county court judgements or has been declared bankrupt. • APR (Annual Percentage Rate): the total amount of interest and other fees charg...

INDIVIDUAL VOLUNTARY ARRANGEMENT (IVA) This explains what an Individual Voluntary Arrangement (IVA) actually is and how it works. What is an INDIVIDUAL VOLUNTARY ARRANGEMENT (IVA)? An IVA is a formal agreement between y...

Bankruptcy versus IVA : FREQUENTLY ASKED QUESTIONS Q: What is an Individual Voluntary Arrangement 'IVA'? A: An IVA is a legally binding contract between yourself and your creditors, which will generally last for 5 years. You will put forward an of...