Case study one Joint/Single Application Single Application type Debt Management Plan Profession of applicant(s) Management Executive Mrs Jones is divorced with three children.  She has £40,000 of debts across eight creditors. She found that the increasing level of debt was unsustainable.  Although she wanted to exclude three store cards from the debt management plan (DMP) so she could continue using them, PTDS advised her that this could hinder her ability to maintain the payments to her DMP that was being proposed.  Plus we would advise against taking on more debt when entering into a DMP. These store cards were then included and this will allow her better stability in her overall expenditure each month. It took four weeks to gain acceptance to the proposal from the creditors.  Each of these creditors will suspend interest charges until further notice.  Mrs Jones is repaying the debt at £240.76 per month, a reduction from her current commitment of £1455.91 Case study two Joint/Single Application Single Application type Debt Management Plan Profession of applicant(s) Joiner Due to the reduction in house building projects, Mr Thomas has seen his income markedly decline.  He is self-employed and struggling to maintain his usual household expenditures as well as his monthly unsecured credit commitments. He has a total of £19,000 of debts across four creditors.  We successfully negotiated with his creditors to reduce the monthly payments to them from a total of £463.00 to £96.81.  Although this is less than our normal monthly minimum requirement, we were able to evaluate the case and determine that it would have a fair chance of being successful. Mr Thomas is hoping to stay in the DMP for so long as the current economic climate prevents him from earning enough to either re-mortgage or make his normal contractual payments to his creditors. Case study three Joint/Single Application Single Application type Debt Management Plan Profession of applicant(s) Trainee Accountant Mr Gordon doesn’t have a high amount of debt, but was struggling to manage the demands of his creditors.  He has five creditors with a total of £5,700 of debts.  Three of these creditors had sold the debts onto Debt Collection companies who were threatening our client with court action. Although his debts were at quite an advanced stage within the collection process, we were able to negotiate with each creditor and Debt Collection company to reduce his payments to them. Mr Gordon’s monthly commitment to his creditors was reduced from £452.00 to £175.00.  More importantly for him, was that he could make one payment to PTDS and we would distribute this to his creditors.  He was no longer juggling his payments trying to satisfy the demands of the creditor who was pressuring him the most.