X-debt Case Studies

Debt problems worsen due to divorce.

4th October 2013

Client LA Amount of debt prior to IVA: £18900 Monthly payment into IVA: £150 Original debt solution: No arrangement in place Amount of debt reduction if IVA completes estimated at 70%.

Debt management to IVA relieves debt pressure for widow following husbands death

11th August 2013

Client GM Amount of debt prior to IVA: £14,000 Monthly payment into IVA: £150 Original debt solution: Debt Management Plan Amount of debt reduction if IVA completes estimated at 60%.

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Correspondence and Registered Office
95 Chorley Road
Swinton
Manchester
M27 4AA

Company number 06391280

0800 043 2424
0161 787 3400

COMI Regulation on insolvency proceedings will apply to all matters dealt with by X-debt and these proceedings will be main proceedings.

Any debt solution should always be considered very carefully and professional advice should be sought. Whilst X Debt offers free IVA advice, fees are charged where an Individual Voluntary Arrangement is undertaken. Fees are for setting up an arrangement and if appropriate, supervising it over a period of time. All fees will be outlined prior to any charges being incurred. Fees are taken from the funds paid in, agreed by you and your creditors and will not affect the amount you pay. X-debt provides comprehensive IVA advice and complies with the Consumer Credit Act and Data Protection Act. Our Insolvency Practitioner, Angela Canning, is regulated by The Insolvency Practitioners Association (IPA). Telephone calls maybe recorded and monitored.

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