Summary
GOVERNMENT insolvency figures will today show that growth in Individual Voluntary Arrangements (IVAs) came to an abrupt halt in the fourth quarter, as the banks tightened up their approvals criteria.
Faced with mounting bad debts, HSBC and Northern Rock are among those who have hardened their stance towards the debt management agencies who make lucrative fees from arranging IVAs.See the full content of this document
Extract
Iva Growth Stalls As Banks Tighten Loans
HSBC said it wanted to ensure t...
See the full content of this document
Sponsored links
