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X-debt Case Studies

Shortfall on mortgage after repossession increases debt problems

28th September 2016

Client C G-Y Employed: Nurse Amount of debt prior to IVA: £40,100 Monthly payment into IVA: £140 @ 53 & 297 @ 7 months Number of Creditors: 10 Original debt solution: No previous arrangement

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Divorce and legal bills add to debt worries

27th September 2016

Client LA Employed: Self Employed Painter and Decorator Amount of debt prior to IVA: £18,900 Monthly payment into IVA: £150 Number of Creditors: 3 Original debt solution: No previous arrangement

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Debt problems worsen after husband passes away

27th September 2016

Client GR Amount of debt prior to IVA: £14,244 Monthly payment into IVA: £150 Original debt solution: Debt management plan Amount of debt reduction if IVA completes estimated at 61%.

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Retired couple enter IVA when debt management plan would take 25 years to repay debts.

6th October 2013

Client Mr and Mrs C Amount of debt prior to IVA: Mr £4,000+ / Mrs £28,000+ Monthly payment into IVA: £157 Original debt solution: Debt management plan Amount of debt reduction if IVA completes

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Personal problems worsen debt problems

5th October 2013

Client CG Amount of debt prior to IVA: £41,000 Monthly payment into IVA: £140 changing to £297 for the final 7 months Original debt solution: No arrangement in place Amount of debt reduction

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