The Debt Advice Team - Help To Solve Debt Problems

Mr L, of Co Tipperary

Mr L, of Co Tipperary - Debt Help Case Study

Mr L was in full time employment when he came to us and has been a client with The Debt Advice Team since December 2008.

Mr L was unemployed when he contacted The Debt Advice Team and explained that he was struggling to keep up with the re-payments on his debt. He started the debt re-payment Programme with a total of  €17,000, owing to 5 seperate creditors;

  • Credit Union - €8,500 
  • LittleWoods - €150
  • MBNA Credit Card - €4,500
  • Bank of Ireland Loan - €2,750
  • Bank of Ireland Credit Card x2 - €900

The Debt Advice Team have successfully negotiated with all five creditors to freeze the majority of interest on the debts and reduce his monthly payments to an affordable €56 a month, due to the nature of his debts and his low income The debt Advice Team have intoduced Mr L to the token payment plan making his monthly payments small and affordable. He is no longer being bombarded with phone calls, letters or visits from his creditors.

Helpful Debt Help Links

Debt Management Plan - Click Here

Token Payment Plan - Click Here

Bankruptcy Information - Click Here

Your Legal Rights - Click Here

Contact the Debt Advice Team now to see how we can help you today!

Call - 01657 5602 to speak with a Senior Advisor or email us by clicking here