2006 saw a record number of people falling into insolvency in the UK, with figures reaching around 110,000. Research published in January 2007 claims almost 30,000 people in the UK will become insolvent in the first quarter of this year and as a result, 10,000 people will go bankrupt or enter an IVA (Individual Voluntary Arrangement).
With debt in Britain seemingly spiralling out of control, UK IVA Explained aims to provide you with information and guidance on IVAs - what IVAs are, how they work, pros and cons of an IVA and much more.
Use the links below to find out: