The following is a guest post by Mark, who writes on behalf of ClearDebt. ClearDebt provide advice on IVAs, including comparing an IVA, bankruptcy and other Debt Management solutions. Personal insolvency is the umbrella term for any circumstance where an individual has insufficient money available to make their loan repayments as they fall due. It’s a precarious position to find oneself but has become increasingly common over recent years, with over 135,000 individual insolvencies in England and Wales during 2010 alone. Insolvency is not the same as bankruptcy and although insolvency may lead to bankruptcy, there are usually alternatives available to those who find themselves insolvent. These include Administration Orders, Individual Voluntary Arrangements, and Debt Relief Orders. If you’re...
If you have set up your own business and you’re looking for ways to grow as well as save some money in 2012, then...