Call us now
0845 260 22 10

Debt Management Case Study

Client A owned 143,630 in unsecured borrowing with 19 different creditors. Monthly contractual payments were 2,419.20. We arranged an IVA which results in the monthly payments being reduced to an affordable 725.70. At the end of the 5 years Client A will have repaid 43,542 and will have seen 100,080 of debt written off.


Client B owned 73,000 and had received threats of bankruptcy. His contractual payments were 1,700 per month. We managed to arrange an IVA which resulted in monthly payments of 622. After 5 years he will have written off 32,000 of debts.


 

Follow us on Twitter michaelmageeUK for all the latest updates and thoughts on whats is going on in our world.

Bank of England Base Rate 0.5%

Submit your email address to join our mailing list

NACFB