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"G.R. had unsecured debts of £20,000, but there was equity of £100,000 in her house. She had a bad credit history and failed to act before a creditor made her bankrupt. She should have defended the court action, and asked for time to sort out her finances. Instead she buried her head in the sand. CS Corporate Solutions were still able to help. The healthy profits from her business paid off the creditors (plus interest) within three years, and then she could remortgage to breathe life back into the ongoing business." |
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