Helge Gebelt

Review of Plan Finanz GmbH

At the beginning I was skeptical about how that sh...

At the beginning I was skeptical about how that should work. Credit card company and bank should forego part of their funds. Ultimately, it was just a calculation example for the creditors, how do we get the most money into the till. How much is there in an insolvency or how far are we better off in a comparison. Since I have a fairly high income, which, in turn, can only be pledged to a small extent by four persons subject to maintenance, I was able to easily outbid this pledgeable amount. The DSB input analysis already showed me this possibility. Right from the start, the concept was to convince the creditors of this matter through a lawyer. Of four creditors, three also agreed to the settlement. As was explained to me at the beginning, there will be problems with the GEZ and so it was, they did not agree, but agreed to small installments. That all sounds very simple, but it took almost a year and was a real struggle, which ultimately turned out to be in my favor, I saved over EUR 30,000 and still avoided bankruptcy. I believe that over-indebtedness is encouraging this recession to start fighting the debt, and I wish you the best of luck.