AR Factor Quote

In the last few years many people in Britain have found themselves with an inability to repay increasing debts. When your income is exceeded by your monthly outgoings it’s time to find a solution to your debt and there are several main options to choose.

An Individual Voluntary Arrangement (IVA) is an alternative for people looking to avoid bankruptcy; it is an agreement with the creditors of an individual looking to continue to pay their debts but, due to a change in financial circumstances, can no longer make the originally agreed repayments.

Life can be the most unpredictable thing in the world. For people to live their lives comfortably, they should work to earn a living, and then as we get older, many people look to raising a family and supporting them with their income. However, going back to life being unpredictable, in the unlikely, but nevertheless possible event that the main breadwinner of a family suffers an untimely death, his or her family will have a huge financial burden to deal with as well as the obvious emotional pain that they will have to endure, unless of course, the deceased had a life insurance.

The Sarbanes-Oxley Act 2002 introduced new corporate governance and financial disclosure requirements for US public companies, the likes of which had not been seen for over 70 years. The aim of these new obligations was to strengthen corporate accounting controls and reform standards of public financial reporting and auditing in the wake of such financial disasters as Enron and WorldCom, and others.