Debt management companies in the UK are set to be the latest target of creditors according to many leading analysts.
Having already won some battles against the IVA in recent times, banks and other credit lenders are considering action against debt management companies in a bid to save even more cash.
One leading analyst commented, "Creditors don’t like to see debt management companies getting paid for services they render to consumers and creditors feel those pounds should be flowing into their pockets instead."