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Case Study

3rd October 2025

Published by The Real Debt Guy

"My Business Went Into Liquidation" - The Full Story Behind Mirko's Remarkable Recovery

When Mirko first contacted The Real Debt Guy, his business was drowning in debt, his mental health was suffering, and liquidation seemed unavoidable. What happened next proves that even the bleakest financial circumstances can have unexpected outcomes.

The Crisis That Started It All

Mirko was juggling several business loans, facing pressure from creditors, and watching his creativity, his most valuable asset as a business owner, diminish under the burden of financial stress. Like many entrepreneurs, he felt isolated and unsure about his options.

"When debt becomes unbearable, a lot of your mind space goes towards that," Mirko explains. "You stop being creative, stop thinking about growth, it's just fear that preoccupies you."

The Turning Point

Thanks to a friend's suggestion, Mirko came across The Real Debt Guy's method for managing debt. This led to a year-long journey that would test everything he thought he knew about handling creditors and financial strain.

Remarkable Results Against the Odds

Working with three different creditors, Mirko achieved outcomes that seemed impossible:

  • Creditor C (Largest Debt): Settled for less than 10% of the total amount owed
  • Creditor B: Secured reduced payment arrangements
  • Creditor A: Professional guidance through complex legal procedures

But the financial wins were only part of the story...

The Real Recovery: More Than Just Numbers

"My stress levels dropped massively," Mirko reveals. "Understanding that there is someone by your side who will help you go through this challenge, you're not on your own. That's everything."

Beyond debt reduction, Mirko regained his creativity, learned important financial lessons about leveraging versus cash flow, and discovered the power of professional written communication with creditors

Why This Interview Matters

This isn't just another success story. In our in-depth 45-minute conversation, Mirko shares:

  • The exact moment he knew he needed help, and how fear was paralysing his decision-making
  • Specific negotiation strategies that led to a 90%+ debt reduction with his largest creditor
  • Why written communication changed everything in his creditor relationships
  • Critical mistakes he made with business borrowing and how others can avoid them
  • The psychology of debt stress and its impact on creativity and business performance
  • His advice for anyone currently struggling in silence with financial pressure

Don't Miss the Full Story

Watch the full interview to see how Mirko changed from a stressed business owner facing liquidation to someone who now approaches finances with confidence and clarity.

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