Debt Management Case Study

Self employed contractor gets nothing when owed £8,000.

Debt: £6,700 Was paying: £458/month
Now paying: £200/month
Client X is a self employed and contracts work from another business, however, this business has gone bust still owing him £8000. The official receiver has advised the Client X that he will not receive any money and this has caused him financial difficulty. 9 months ago he had no debts, now he's paying back 2 loans and making minimum payments on several cards. Debt Management allows him to start clearing this debt at an affordable wait without having to borrow again.



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