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Whats happening (DFD)     

city28 - 17 Oct 2006 11:54

Hi,
Does anyone know whats going on with Debt Free Direct, Share falling fast.

AUGUSTMAN - 17 Oct 2006 17:16 - 2 of 4

THINK THIS HAS SPARKED OFF SOME PANIC -

ClearDebt Group says 3-mths trading results have been 'encouraging'
AFX


LONDON (AFX) - ClearDebt Group PLC, a provider of personal debt solutions, said trading results have been encouraging in the three months to Sep 30, with 75 independent voluntary arrangements (IVAs) arranged by ClearDebt and approved by creditors.

The quarter-on-quarter decline compared to the 82 IVAs arranged in the previous quarter was due to administrative delays experienced in September which have now been resolved.

As at Sept 30, ClearDebt had successfully arranged a total of 263 creditor agreed IVAs since commencement of trading.

Chief Executive David Mond said: 'Whilst best ever July and August figures were slightly spoiled by the delays in September, we are confident that we will be able to use the build-up of IVAs to make progress during the current quarter.'

newsdesk@afxnews.com

joy


city28 - 17 Oct 2006 18:23 - 3 of 4

Thanks for your help, joy
Colin

city28 - 06 Nov 2006 10:23 - 4 of 4

Still falling today...
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