http://www.financialarticles.info en-us info@financialarticles.info In England and Wales, an Individual Voluntary Arrangement (IVA) is a legally binding contract that can help you get out of debt and it’s an alternative to bankruptcy. The contract is set up between you (the debtor) and your creditors (those to wh... http://www.financialarticles.info/article_46.html 25-04-2007 This article applies to the law as it stands in England and Wales. If you’re having serious debt problems, you may receive a county court claim from a creditor. This means that they plan to take you to court to get the money they claim y... http://www.financialarticles.info/article_20.html 09-02-2007 If you’re in a great deal of debt and can’t resolve your problems, bankruptcy is one way out. Bankruptcy is the term for an order granted by the courts for the Official Receiver to handle your debts and those to whom you owe money. In order... http://www.financialarticles.info/article_15.html 02-02-2007 The level of domestic debt in the UK is ever increasing. It’s so easy to obtain various forms of borrowing now – loans, hire purchase, credit cards – that many people find themselves up to their eyeballs in debt before they know it. A... http://www.financialarticles.info/article_13.html 01-02-2007 Unfortunately people’s debt sometimes gets so bad that their creditors take the step of sending a bailiff to their house to claim goods as payment in kind. It’s not a very nice situation to be in and it can cause a lot of stress and embarra... http://www.financialarticles.info/article_12.html 01-02-2007