IVA debt

IVA debt information can be found here, with details of when an IVA may take place and what to do in circumstances when you are in debt and agree to an IVA.

Take a look below for more details.

IVA and bankruptcy discussed at meeting

A meeting is to be held in order to discuss the merits of both the IVA and personal bankruptcy during the credit crunch, with benefits and drawbacks of the two pr

IVAs still high because lenders don't do their homework

uSwitch have accused banks and other providers of not tightening up their lending procedures to ensure people stay clear of debt and avoid serious financial procedures like the IVA

Property buying alone a great way to get into serious debt

British consumers buying properties alone are the most at risk of serious debt and needing to take on an IVA or personal bankruptcy.

123 Reposessions a day as UK debt takes hold

People in the UK with severe debt problems are going to experience the bite of creditors more than ever this year, as home repossessions soar.

IVA market will thrive as providers steady the ship

The amount of people in the UK unable to find debt help will increase in 2008 meaning the IVA will be the only option for people looking to avoid bankruptcy.

IVA truce between banks and debt management companies

If you're thinking of applying for an IVA to become debt free, then your chances of getting one approved might soon become a little

The Debtor Strikes Back

UK consumers experiencing serious debt problems and considering taking on an IVA need to sit down and review their situation before approaching professional d

IVAs set to Increase

A leading financial expert has said the amount of people applying for Individual Voluntary Arrangements or IVAs will continue to rise over

Stricter IVA regulations rejected

Calls for companies who market IVAs to be slapped with stricter regulations have been rejected by the government.

Banks demand IVA meeting

Two of the largest banks in the UK are pushing for a meeting with the debt companies that provide the latest trend in debt management, IVAs

Record debt write-off

£1.4bn of bad debts were written off this year after people signed up for Indi

Consumers told to consider alternatives to IVA

A leading financial comparison website has told people to

New figures show IVA will become first choice

It's been forecasted that IVAs will become the primary tool for servicing debt by the yea

Cost of divorce leading to more debt

Many people in the UK are underestimating the cost of divorce, leading to more single people falling into serious debt and filing for IVAs.

Banks begin to reject IVA

Banks in the UK are now beginning to reject the IVA in a bid to reduce the amount of 'bad debt' they're forced to write-off each year.

Banks begin IVA probe

An increase in the number of individual voluntary arrangements (IVAs) means Banks will continue to heavily monitor the conduct of debt management companies - according to one

January a bad omen for IVA decrease

Those expecting the demand for the IVA to weaken in 2007 have been dealt a massive blow after new findings uncovered that the number of people struggling with debt is on the

IVA numbers will skyrocket with base rate increase

It's feared by a number of financial analysts that a second base rate hike from the Bank of England will lead to more people being forced into insolvency and having to en

Base rate hold will decrease IVA expectation

The news that the Bank of England has once again decided against increasing the base rate means that almost certainly, less people in the UK will opt for an IVA.

High pressure IVA becoming more common

More and more consumers in the UK are being bullied into agreeing an IVA by debt management companies who claim to be offering advice on dealing with personal debt.

Uneducated youth will add to IVA popularity

A leading financial charity have warned that uneducated children will grow up thinking debt is nothing to be feared, and add to the ever growing number applying for an IVA or

Bigger wages leading to more debt

People in the UK earning high salaries seem the most likely to have to apply for an IVA - according to a new debt report from the Consumer Credit Counselling Service (CCCS).<

What banks really think

The IVA has come under further fire from banks in the UK, who claim that people in debt are being influenced by people who should be advising them otherwise.<

New IVA figures

Two leading IVA companies in the UK have revealed that the demand for the service has increased rapidly so far in 2007 and is set to skyrocket even further in the coming week

IVA companies get slap on the wrist

People in debt and thinking about applying for an IVA have been warned not to believe the promises that they hear made by debt companies in television and radio advertisement

Bailiff concerns still a problem

People in the UK struggling with debt are accelerating their IVA applications because they fear being intimidated by bailiffs, who have increased power as a result of new leg

Another reason for increased insolvencies

Debt denial is the latest worry for debt companies, who fear the number of people applying for IVAs will almost certainly increase as a consequence.

Increased mortgage repayments set to boost IVA numbers

The Bank of England have once again increased the base rate, with more people in the UK set to struggle with mortgage repayments as a consequence, and more people having to c

Number of IVAs increase by 300% since 2004

The latest debt statistics released by the Insolvency Service has shown an astonishing rise in IVAs in the last three years.

Risky interest only mortgages may lead to IVAs

As interest only mortgages increase in popularity amongst UK borrowers, the number of people turning to IVAs to ease the burden of debt may be set to follow.<