The IVA Council has settled its High Court dispute with ClearDebt Limited by providing an apology to the company and agreeing, along with associated companies and individuals, to pay £250,000 in damages and costs.
Continue reading the "ClearDebt wins £250,000 case against IVA Council" »
ClearDebt has obtained an injunction against people and firms involved with the IVA Council, freezing their assets, prior to possible further legal action.
Continue reading the "ClearDebt Gets Judgement Against IVA Council" »
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.
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.
Proposed acquisition of the entire issued share capital of Abacus (Financial Consultants) Limited
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.
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