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Our client had run a local business for several years, but increasing overheads and a shrinking customer base left the business facing closure. In an effort to keep things going, they began using credit cards to cover personal expenses, as the business was no longer generating enough income to pay themselves.
When the business finally failed, the client was left with nearly £50,000 in personal debt. The financial pressure took a heavy toll, triggering a deep depression that also led to physical health problems.
We talked through all the available options together, and the client made it clear: they wanted to be free from the overwhelming stress the debts were causing. A Debt Relief Order (DRO) turned out to be the right solution.
Now, with the debts written off, the client has finally found peace of mind and the freedom they so desperately needed.