News Article

Conferences and Seminars

IVA or Bankruptcy? Debt Debate Weighs Up Insolvency Options

By CreditMan Wednesday, April 9, 2008

Location: Browns Courtrooms, 82 - 84 St Martins Lane, WC2N 4AA

- Date: Friday 2nd May 2008

- Time: 4 - 6pm, the UK’s biggest online IVA community for information and advice about Individual Voluntary Arrangements (IVAs), is pleased to announce that the next Debt Debate will be held on Friday 2nd May 2008 at Browns Courtrooms, Covent Garden.

The topic of this quarter’s Debt Debate is ‘Bankruptcy v IVAs’. With the credit crunch beginning to hit and some financial experts warning of recession and house price decline, many people will be considering taking out an IVA or declaring Bankruptcy in 2008.

During the course of the debate an expert panel of leading credit and debt industry professionals will tackle the key issues surrounding both solutions, including the pros and cons for consumers, creditors, IPs and the economy as a whole.

Peter Hobday, former "Newsnight" presenter, will field audience questions to an expert panel which includes:

Bill Burch, Compliance Consultant to the Insolvency Industry
Gill Hankey MBE, Director of the Bankruptcy Advisory Service
Heather Greig-Smith, Editor of Credit Today magazine
Mark Allen, Head of IVA’s at Grant Thornton
Melanie Giles, Insolvency Practitioner for Jones Giles Ltd
Stuart Hopewell, Chairman of the Institute of Credit Management

Andy Davie, site manager for, said:

“The Debt Debates have become key dates in the personal finance industry calendar. This time, the debate will be held just hours after the Insolvency Service release the figures for bankruptcies and IVAs in the first 3 months of 2008, so this will represent the first opportunity for industry experts to reflect on newly reported trends. It should be quite a debate!”

This debate will be sponsored by Tuxedo Money Solutions and co-hosted by’s sister site,

Julian Donnelly, site manager for said:

“The audience will be made up of industry experts as well as debtors who are in various stages of an IVA or bankruptcy. This should bring a real-life understanding to the floor and I look forward to a lively and thought-provoking debate.”

More information on past events is available at

Anyone wishing to reserve a place in the audience can visit or call 0203 178 5980.

About is the UK’s biggest online IVA community for information and advice about Individual Voluntary Arrangements (IVAs). It is a leading authority on debt and finance in the UK and receives over 5,400,000 hits a month. was formed in 2005 to help improve understanding of debt and debt solutions in the UK by providing expert advice and a live forum alongside a regular roundup of the latest news, statistics, and research from the world of debt solutions.

The IVA Forum ( was launched in January 2006 to enable the community to discuss IVA issues. The IVA forum now has 5,000 members and over 85,000 posts. Online TV channel IVA TV ( was launched in December 2006 to report on issues surrounding IVAs and debt. IVA Community Blogs ( was launched in January 2007 to provide free blogging space for anyone from the IVA community. was created by, and is maintained by, Community121 (, builders of niche community websites.

About Andy Davie

Andy Davie, site manager and spokesperson for, drives the development of the site in its continuing commitment to provide a forum for IVA experts and people in IVAs. Having successfully experienced and completed an IVA puts him in an ideal position to do this.

Andy regularly publishes articles on site which explain some of the most complex IVA issues in terms that can be easily understood by the average consumer. Andy also remains an active part of the free Forum, having made over 5,000 posts in the last year. When he is not working on, Andy works full time as a Food Retail Area Manager.