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Mr G, of Co Dublin
Mr G, of Co Dublin - Debt Help Case Study
Mr G has been a client with The Debt Advice Team since March 2008.
Mr G is in full time employment and contacted The Debt Advice Team as he was struggling to keep up with the repayments on his debts. He started the debt re-payment programme with a total of €27,000 owing to five seperate creditors;
- GE Money - €10,000
- Bank of Ireland - €2,000
- AIB - €4,500
- MBNA - €5,500
- Ulster Bank - €3,500
The Debt Advice Team have successfully negotiated with all five creditors to freeze a large amount of interest on his debts and reduce his monthly payments to an affordable €700 a month. With our help he has successfully paid €12,000, leaving him with debts of €15,000. Mr G is no longer being bombarded with phone calls, letters or visits from his creditors.
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