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Mark Hollinshead - ArticlesMark Hollinshead is a director of the Financial Guardian group of debt counsellors who provide expert debt advice to UK consumers. Financial Guardian maintain the site IVA Advice.org.uk an online resource for information about Individual Voluntary Arrangements and solutions to debt.
Individual Voluntary Arrangements - an OverviewWith levels of consumer debt in the UK now exceeding £1 trillion it is of perhaps no surprise that more and more people are facing up to major financial difficulties. When a person finds that they can no longer keep up with their debt repayments one possible solution is an Individual Voluntary Arrangement (IVA). Getting your Debt Priorities RightIf you should find yourself in a position where you cannot meet all of your financial commitments then there are certain golden rules which you need to take account of immediately when putting together your financial budgets.
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