Print This PageMr Roycroft - Debt Management
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Mr Roycroft had slowly built up debts of £3,500 but could not meet the payments with his monthly salary. Mr Roycroft contacted
Personal Debt Solutions and asked for help. Personal Debt Solutions helped Mr Roycroft to gain control of his financial situation
by agreeing to one monthly payment which he could afford. After a year and half, paying £255 a month, Mr Roycroft was clear of his debts.
Mrs Bishop - Individual Voluntary Arrangement
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Mrs Bishopp was self employed in a professional capacity. She had incurred personal debts by entering into an unrelated business enterprise. The level of her debt was considerable and she had various assets she wished to protect. An Individual Voluntary Arrangement (IVA) was proposed and accepted by creditors. Mrs Bishopp has successfully completed her IVA & creditors received 48 pence in the pound. Mrs Bishopp maintains her professional capacity and the assets she wished to protect.
Ms Moisell - Consolidation Loan
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Ms Moisell is a young, energetic secretary. She had been employed since leaving school but had lived outside her means with credit cards and other borrowing.
Personal Debt Solutions were able to hand hold, create a living expenses budget & advised her to obtain a consolidation loan. Mrs Moisell now lives in accordance with her budget and has paid off all her debts with the loan. Her loan is one manageable payment each month. What’s more, she has been able to
afford regular holidays out of her budgeted expenses.
Mr Obani - Bankruptcy
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Mr Obani was made redundant and had no assets and no dependents. His debts were credit card liabilities from a number of years beforehand. Whilst he was employed he was able to make the credit card minimum payments. He was worried about bankruptcy as he had heard (incorrectly) that it was a very bad solution. Personal Debt Solutions advised Mr Obani to petition for his own bankruptcy & the process he would go through on a step by step basis. Mr Obani is now discharged from bankruptcy with the slate wiped clean. He is now employed and wishes he had made himself bankrupt sooner.
Post Bankruptcy Loan
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There are no Case Studies available for the Post Bankruptcy Loans yet as they have not been launched to the market.
