Kristy & John
Debt Management Solution
$70,000 in Credit Card Debt
Married – 3 Children
Mental Health Struggles
Find out how we helped Kristy & John
Our Solution
Helping Kristy & John With Their Debt
Unsure what to do or where to turn, Kristy gave us a call. After a free initial consultation, we determined that a Part IX (9) Debt Agreement was their best option. We assessed their income and expenses and found that they could clear the debts in five years by repaying $550 a month.
We negotiated the terms with Kristy and John's creditors on their behalf in order to get the plan agreed. This involved explaining to creditors in detail what they could afford and the timeframe for repayment.
Positive Outcome
Kristy & John Find Stability
55% Debt Reduction
Their creditors agreed to the arrangement had to pay back only 45% of their total debt.
Stress-Free Recovery
Without the financial stress, they were able to focus on their return to health.
The Impossible Was Possible
They could repay their debts at an affordable amount, reducing the pressure.