(PRWEB) October 23, 2006 Debt advice experts The Debt Counsellors have produced The IVA Report, a guide to the Individual Voluntary Arrangement, to help people in serious debt avoid bankruptcy. The IVA Report explains in detail the process of the Individual Voluntary Arrangement (IVA) as an alternative to bankruptcy, explaining the pros and cons [...]
2009 saw a record number of personal insolvencies in the UK. Yet this did not result in bankruptcy for all. Not even for nearly all. Why? Well, simply put, the UK now offers alternatives to bankruptcy that actually mean even those in incredibly dire straits can salvage their financial situation without resorting to what is [...]
The IVA which provides an opportunity for the debtor struggling with unsecured debts to make a payment proposal to their creditors is a shield that protects people from Bankruptcy. It’s nearly 22 years since the IVA was introduced by the Insolvency Act of 1986. Today, in this sluggish economy, Individual Voluntary Arrangement advice provides great [...]
