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 and public sectors.

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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 those interested in a master franchise licence.  The company have announced that they expect to make an announcement shortly on the final details of the full franchise proposition but that it will dovetail with other exciting developments for the company which will include a complete suite of finance related products.

You can find out more by visiting http://www.capitaldebtsolutions.co.uk

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 facing sales team. ivahelp.net say that they are looking to fill the gap that has appeared recently in the broker market due to the failure of other debt management companies.

You can find out more at www.ivahelp.net

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 bankruptcy services on the net.

In our opinion, there is nothing wrong in a company charging fees for a particular service, as long as that same company offers value for money and a service that is commensurate to the fee charged. Unfortunately, the rise in the number of personal insolvencies over the last two years has meant that firms operating in other areas of financial services such as loans and mortgages have seen an opportunity to make hay, very often at the expense of the unfortunate individual who is suffering from severe debt problems.

There are a number of firms operating in this sector that simply do not have the best interests of the client at heart. To remedy this growing problem in the debt management sector, a national trade body representing a large number of debt management and IVA firms has been formed which aims to introduce a set of guidelines and procedures that will standardise how debt management firms will go about marketing for new business and also how to communicate and transact ethically and transparently with consumers.

Which debt management firm can you trust?

Debt Resolution Forum (DRF) now represents a large proportion of debt management firms based in the UK. DRF is not the only trade body, there is also an organisation called DEMSA which has a similar brief and was formed some time before DRF came into being.

What does all this mean? It simply means that the consumer that is faced with a barrage of debt management calls and literally thousands of websites now has a much simpler way of finding a firm they can trust. They simply look up IVA or debt management plan in their web browser and check each of the firms to ensure they are members of one of the two trade bodies.

This simple debt check will save a lot of pain and hassle in the long run and should ensure that a consumer who is facing insurmountable debt problems now has a clear idea of which IVA company to trust and which not to. You can find out more by visiting http://www.ivahelp.net.

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 free in a number of years.

ivahelp.net markets IVA’s for a number of well known debt management firms. They offer consumers a choice because the consumer knows that their basic online enquiry will be passed to a panel of debt management providers. These debt management firms will then contact the client directly to see if they can offer them a solution to their debt problems.

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 Naden feels that the takeover has taken up too much of his time and wants to pause so he can spend more time on developing the business.

Results for the group are still impressive with turnover increasing to £24m in the year to April 30 and earning before EBITDA was £6.3m

Naden hopes to revisit the deal at the end of this year.