The IVA industry has been the cause of much scrutiny over recent months. New guidelines have substantially hindered both the growth and progress of the majority of IVA firms, however the same cannot be said for the UK’s premier IVA provider.

Debt Free Direct is unanimously hailed as the UK leader with regards to IVA administration and at a time when numerous other firms are suffering financially, Debt Free has announced record profits close to £10 million pounds, born from an 80% increase in turnover standing at £28 million pounds

The company has also stated that it is rapidly recovering after the recent spate of bad press regarding IVA promotion in general. If you are a frequent visitor to this site, you will have seen the various articles we have published relating to IVA promotion, and how a number of firms have had their wrists slapped and subsequently suffered, as a result of misrepresenting the process. 

In addition, Debt Free has also announced their acquisition of rival firm Clear Start. The deal, which was announced just over 2 weeks ago, is believed to have completed for the princely sum of £11 million pounds and will further support Debt Free’s position as the UK’s premier debt solutions firm.