Debt problems in the UK continue to grow, leading to more people having to consider applying for an Individual Voluntary Arrangement to get themselves out of financial trouble.
The Citizens Advice Bureau (CAB) has released findings that show they were approached for help with 15% more debt problems in January 2007 than in the same period the year before.
More people are expected to experience financial problems this year, with IVAs expected to overtake bankruptcy as the number one tool for servicing insurmountable debt.