Leading UK debt resolution company, ClearDebt claim figures released earlier last week by Confused.com are actually more worrying than they look.
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IVA figures expected to smash the 50,000 barrier ‘quite easily’ in 2008, according to Cleardebt’s CEO, David Mond. Read the full article in Accountacy Age.
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ClearDebt’s marketing director and spokesperson for the Debt Resolution Forum, Andrew Smith, comm ents on the regulation of the debt resolution industry and the future market for IVAs in Britain on BBC Radio 4’s You and Yours show. Download the…
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ClearDebt’s David Mond and Abacus’ Daniel Morris were featured on page one of the business section in the Manchester Evening News. Read the full article fromthe Manchester Evening News.
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Figures issued by the government’s insolvency service today, Friday 3 August 2007, show that whilst the number of consumer insolvencies continues to rise, Individual Voluntary Arrangements – probably the best compromise between debtors and creditors – have fallen by more than 15%, quarter on quarter.
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AIM-quoted debt-resolution company, ClearDebt Group Plc (“ClearDebt”), welcomes revelations that banks may significantly restrict fees payable to IVA providers, that IVA providers are likely to receive a smaller element of their fees upfront and will share the risk of IVA failure with creditors.
Continue reading the "Media Coverage of IVA Fees" »