Debt Management Case Study

Income drop due to maternity leave makes credit repayments a struggle.

Debt: £11,000 Was paying: £502/month
Now paying: £285/month
This a case of a joint debt management application. Mr and Mrs X are expecting their first baby. Mrs X is taking maternity leave. With the drop income and costs of having a baby, they know they will be struggling, even though they are not currently in arrears with any of their 8 creditors.
They realise their circumstance will keep changing over the next few years and want a plan that will work with them to clear their debts.



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