Debt help

Laura

Laura’s creditors all agreed to freeze interest and charges which meant that she  could clear her debts

Customer Background

Laura and her partner separated leaving her as a single mother with a young daughter responsible for all the household bills as well as the everyday costs of living such as food, clothing and travel costs.

Apart from dealing with the anxiety of separation and coping with all the bills on her own, Laura also had debts in her personal name which had arisen whilst trying to support her family.

Laura was referred to The Debt Advisor in April 2019 and after giving careful consideration to all her options, decided that a Debt Management Plan was the best solution for her. She could afford to pay £200.00 per month to her creditors which at the time totaled £5,274.65.

Laura’s creditors have all agreed to freeze interest and charges which meant that she  could clear her debts in 2 years and 9 months.

Situation before

Total unsecured debt: £5,275
Surplus income: £200
Approximate monthly commitment to creditors: £430
Monthly shortfall: £230

Situation after

New monthly payment: £200
Laura

Do you need help?

Specialist advisors are available who can advise you on the most appropiate solution to bring you relief from debt

More Case Studies

James
James’ company specialised in landscaping and gardening. His company suffered a number of bad debts.
Deborah
Deborah had £290,000 of unsecured debt and had an IVA rejected by HMR&C
Michael and Laura
Michael and Laura took out a loan which was secured against their property.
Kelly Ann
Kelly Ann approached The Debt Advisor struggling with debts totalling £34,500
Anwar
Anwar approached TDA with £28,138 of debt which included 5 credit card debts, a loan and debts owed to a...

We are proud of our 5* TrustPilot customer reviews

We are proud of our 5* TrustPilot customer reviews

The Debt Advisor Accreditations

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.

We’re ready to help with any debt problems

Social media

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.

Alternative free-to-consumer debt services are available from the Money Helper website.

Customer Support

18-22 Lloyd Street, Manchester, M2 5WA

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.

All debt solutions should be very carefully considered. Please note, if you are struggling with debt issues and need advice on your options, we’ll take a look at your financial situation and explain the available options. If it is appropriate to refer you to one of our trusted providers for a solution, we may get a fee for introducing you, or for the preparatory work we complete. Fees are payable if ongoing services are provided.

Copyright © 2022  The Debt Advisor | Privacy Policy | Cookie Policy | Complaints | Careers