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Latest news
IVAs in Ireland - report due in September
It looks like the Irish Government`s introduction of IVAs is moving ahead. As sbpost.ie (the Sunday Business Post) tells us, we`ll hear more in September when a report comes out.
The Government group which was set up to look at ways of dealing with personal debt is considering the introduction of IVAs `as a less restrictive alternative to existing bankruptcy laws`.
Rugby club chairman enters IVA
Ted Richardson, Chairman of the Wakefield Trinity Wildcats, has confirmed that he has entered an IVA.
In an open letter to the shareholders and supporters of the club, Mr Richardson explains some of the circumstances leading up to his decision to enter an IVA. The letter appears on wakefieldwildcats.co.uk.
Annual energy statements could help billpayers stay out of debt
Consumers could save as much as £1,000 on their energy bills over the next five years following the introduction of annual energy statements, according to uSwitch.com.
Energy providers now have until 1st December to provide all customers with their annual energy statement, which is designed to clear up some of the confusion many billpayers experience over their bills.
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Budget: VAT hike `bad for businesses`
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Credit card debt & payment hierarchies
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Unsecured debt dropped in April
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