Young people in the UK are in need of IVAs as they get themselves into debt through trying to live celebrity lifestyles.
In an article published by the BBC, people in their 20's and 30's were discovered to be racking up huge debts which could lead to them resorting to IVAs.
By visiting bars frequented by celebrities, these young people are getting themselves into great financial difficulties. Some were spending up to £2000 a night in order to maintain appearances and live the life of luxury.