Official records show that last year 2338 people in Leicester took out some form of debt solution, either with an Individual Voluntary Arrangement (IVA), Bankruptcy or Debt Relief Order, an increase of 5.8% on 2009. Leicester …

Source: Tough times for many people in Leicester | National Money Helpline

An Individual Voluntary Arrangement, Administration Order, and Debt Relief Order are commonly used formal debt management programs within the UK. Debt can also be consolidated by taking a loan to repay existing debts, …

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… other debts, counselors may recommend a formal solution such as a debt consolidation loan, debt management plan arranged by a third party, Individual Voluntary Arrangement, Administration Order, or Debt Relief Order.

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