IVAs are the most common form of personal insolvency in England. There were more than 12,000 IVAs started in the second quarter of 2016, 42% higher than the same period in 2015.

Clear Debt has recently stated:

Individual Voluntary Arrangements) (IVAs) have become the procedure of choice for those people who have debts they can’t pay and a regular income to enable them to make contributions to their debts.

But how often is the choice of an IVA based on accurate information about the alternatives and good advice relating to the client’s particular situation? Meg van Rooyen in’ Why the FCA must regulate insolvency practitioners and lead generators‘ and Peter Sargent in ‘Rethinking Insolvency Practitioner regulation‘ have both argued that IVA regulation needs to change and that lead generators should be regulated.

This article looks at lead generators in more detail.

What is a lead generator?

Read more on Debt Camel’s webite: IVA lead generators – the case for regulation · Debt Camel