People in the UK earning high salaries seem the most likely to have to apply for an IVA - according to a new debt report from the Consumer Credit Counselling Service (CCCS).
The findings come on the back of figures which showed a 65 per cent increase in the demand for their services in the last year.
The CCCS said that the age group with the biggest debt is the 40 to 59 group, both genders, despite the fact that they earn the most annual incomes.