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Simple Financial Solutions, the company behind who specialise in providing legislated debt advice to financially strapped individuals, recently announced its now a full member of the Debt Resolution Forum. The Debt Resolution Forum helps resolve debtors’ financial problems in a professional manner, ensuring that all consumer debtors receive sound advice in times of financial stress.

According to an article on the website, IVAs are formal agreements between debtors and creditors which allow debts to be paid back in an affordable and timely manner. IVA (Individual Voluntary Arrangements) are powerful agreements that can be stretched out over a minimum of five years, and at the end, the debtors are discharged from their financial obligations and outstanding unsecured debts. In the UK over 9,000 IVAs were processed from 2013 to 2014, making this solution one of the ideal ways...

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