Mr O, of Co Waterford - Debt Help Case Study

Mr O has been a client with The Debt Advice Team since October 2008.

Mr O is in self employed 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  €28,000 owing to four seperate creditors;
 
Credit Union - €20,000
Bank of Ireland - €2,000
TSB - €1,000
Citi Financial - €4,000

The Debt Advice Team have successfully negotiated with all four creditors to all interest on his debts and reduce his monthly payments to an affordable €200 a month. With our help he has successfully paid €2,000, leaving him with debts of €26,000. Mr O is no longer being bombarded with phone calls, letters or visits from his creditors.

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