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ClearDebt Snapshot
ClearDebt Group is indebted to debtors. As a provider of consumer debt consulting services, ClearDebt offers IVAs (individual voluntary arrangements), which are legally binding agreements between debtors and creditors that enable debtors to get out of debt within 5 years. Typically, ClearDebt works with debtors, as well as creditors and financial advisors, to arrange agreements between parties. The IVAs, which serve as an alternative to bankruptcy, are offered primarily to consumers in Wales and England. In addition, the company also offers debt-management services to consumers who have less critical debt concerns than its IVA clients. ClearDebt was founded in 2004.
