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Adrian and Leah's Case Study
Adrian is a social worker and Leah is a full-time cleaner. They have three grown up children who have recently left home and got married.
Adrian and Leah have had debt problems for years. Once the credit card bills became too much, they settled for a consolidation loan. However, the loan did not solve the problem and further loans and credit cards were sought, in the hope that Adrian could increase his hours and Leah could find better paid work. Unfortunately this did not happen.
The strain of managing their financial situation became great, and both Adrian and Leah suffered from diagnosed stress and health problems and their marriage also suffered. By this time, they owed in total over £80,000.
With their marriage on the verge of breakdown, Adrian and Leah finally confronted their problems and sought financial help, even speaking with the debt bureau. The solution of a joint Individual Voluntary Arrangement presented the ideal way of repaying their debts and avoiding bankruptcy.
We have reduced Adrian and Leah's debts by over 50% and are paying single, affordable monthly repayments and are well on their way to being debt free. They also recently celebrated their 30th wedding anniversary and are looking forward to many more years together.
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