It appears that the demand for the IVA in the UK could experience a rapid slowdown, as the housing market continues to slow.
With less people taking on mortgage debt as a result of inflated prices, there is almost certain to be less demand for insolvency help.
Many analysts have forecast that despite no sign of a slowdown, the knock on effect will result in slower business at some stage for IVA companies.
However, with Christmas just around the corner the IVA market are preparing themselves for brisk trading.