Credit Solutions. the ISIS Equity Partners owned debt collection agency has been sold to Arvato, a global business outsourcing partner in a £10m deal.
The acquisition is designed to strengthen arvato’s outsourcing capabilities in the UK, which already include outsourced customer management, supply chain management and finance services to the UK private [...]

Debt management franchise, Capital Debt Solutions, has announced changes to their franchise proposition.
The changes mean that their is a new menu based system in place which allows everyone the opportunity to tailor their package, depending on their needs, aspirations and financial investment. Entry starts from just £495 and moves up the scale to £3995 for [...]

IVA advice specialist, ivahelp.net has announced plans to launch their specialist debt management and IVA product into the intermediary sector.
The decision to widen their distribution base was taken after seeing the success of their consumer facing websites in the first part of 2010 and this success has led to the formation of a new broker [...]

IVA debt companies are for the most part, simply lead generators for genuine Insolvency Practitioners.
This is because IVAs or Individual Voluntary Arrangements to give them their full title, can be quite lucrative for the company providing this service, hence the increase in the number of firms offering debt management, insolvency and [...]

IVA marketing company, IVA Help, has reported a strong increase in the number of enquiries to their website.
Also known as individual voluntary arrangements, IVA’s have become increasingly popular in the last couple of years as an alternative to bankruptcy and if handled correctly, an IVA can be a solution for people looking to become debt [...]

Well known financial services entrepreneur Paul Naden has temporarily shelved plans to buyout Churchwood Financial, the Stockport based debt management business.
Churchwood is owned by Mike Noblett who owns 70% of the company whilst Naden has 13% which he purchased last year. Naden’s plan was to buyout Noblett’s majority shareholding via a private equity deal, however [...]

A top London Insolvency expert is warning that 100,000 business will go bankrupt in the next two years.

In October there was a record amount of unsecured debt repaid to various lenders.

Charles Howson has announced plans to take Accuma Group PLC private