Debt help


Ben struggled when his marriage broke down, ended up in a 1 bedroom flat, struggled with depression and began excessive drinking and spending.

Customer Background

Everything came to a head when he was banned from driving due to being caught over the limit. This was the wake up call he needed.

Ben had around £45,000 of unsecured debt and realized he needed some help. He started on a debt management plan with The Debt Advisor “TDA” but lost his job and for a period could not afford to make payments to his creditors. He soon found another job although on a lower salary. The TDA team reassessed his financial position and recommended an IVA to deal with the balance of his debt totaling £39,185.

Ben’s IVA proposal was based on him paying £363pm for 60 months. This resulted in him proposing to pay £21,780 on £39,185 of debt, which was accepted by creditors.

Situation before

Total unsecured debt: £39,185
Surplus income: £363

Situation after

60 payments total (to be repaid): £21,780
New monthly payment: £363
Dividend to creditors (pence in the £) : £0.43

Debt levels before and after


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There is an alternative free-to-consumer debt services from the Money Helper.

The Debt Advisor Accreditations

There are alternative free-to-consumer debt services from the Money Helper.

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The Debt Advisor has a long and rich history of helping people and companies get past their debt problems. We welcome people to get acquainted with our company, history, team and to listen to the stories from the people we have helped.

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Customer Support

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Monday to Thursday: 9:00 am – 7:30 pm
Friday: 9:00 am – 3:30 pm

Company Registration: 06248441 | The Debt Advisor Limited is Authorised and regulated by the Financial Conduct Authority Reg No: 659920.

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