Below are some examples of clients and their various debts in existing Debt Management Plans
| Name: Mr V | Debts: £40,000 |
| Mr V was struggling to repay creditors £776 per month on £40,000 of loans and credit cards due to a dramatic decrease of income. After approaching National Debt Relief we reduced these payments to £200, giving this client the peace of mind to go on with his day to day living. | |
| Name: Mr S | Debts: £25,000 |
| Mr S was struggling with debts of £25,000 as creditors were looking for payments of £603 per month. After being refused a remortgage he approached National Debt Relief for assistance. We were able to reduce these monthly payments to £350 per month. | |
| Name: Mr R | Debts: £46,000 |
| Mr R could not afford the £1,116 monthly repayments on £46,000 of debt. He was unable to propose an IVA as he had approx £60,000 of equity on his property. He was also unable to remortgage due to income. He contacted us, at National Debt Relief and we set up a Debt Management Plan reducing the monthly payments to creditors from £1,116 to £380. | |
| Name: Mr & Mrs C | Debts: £255,000 |
| Mr & Mrs C are struggling to repay creditors approx £5,980 per month. After contacting National Debt Relief we are proposing to reduce these monthly payments to £745 per month in a Debt Management Plan. | |