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"H.E. had debts of £16,000, and savings of £1,500. He was struggling to make payments to four credit cards where balances had built up over the years, and when he had to go into a nursing home virtually his whole pension was taken from him in care fees. Repayments became impossible and bankruptcy looked inevitable. But CS Corporate Solutions recommended a trust deed, which the creditors accepted, and after six months the creditors received a dividend. Unless his circumstances change, H.E. does not have to make any repayments at all. And H.E. is free of the worry of debt." |
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