Debt and Bankruptcy Services

Debt Consolidation

Often one of the biggest payments our clients have to make each month is interest. Interest charges on some types of credit can be very high (e.g. close to twenty percent).

We can help reduce your interest expense by consolidating your loans to one or more low interest bearing loans.

If you have a poor credit record this can sometimes be challenging to achieve by yourself. We can help make this easy for you.

Call the help line on 1300 030 742 to find out how we can help you reduce you consolidate your debts.

Get more information on debt consolidation.

Debt Agreements

When you are unable to pay all your bills each month and your debt is growing beyond your control, you may qualify for a debt agreement (please contact us to see if you qualify).

Essentially a debt agreement is a formal agreement between you and your creditors which we negotiate on your behalf. We work with you to determine how much you can afford to pay back and then we submit a proposal to all your creditors. A majority of your creditors must agree before the agreement can take effect.

Some of the benefits of a debt agreement:

> Your creditors must stop calling you and will deal with us on all matters relating to your payment,
> We may be able to reduce your interest charges to Zero(depends upon the type of agreement), and
> You will only have one payment to make each month.

Sometimes your creditors will agree to receive less than the total amount owing.

It’s important to note that while a debt agreement is not the same as declaring bankruptcy, it is an act of bankruptcy and has consequences such as being recorded on your credit history and notes in NPII. It’s very important that you talk to a professional before deciding whether it’s the right option for you. When you book a free consultation with us, we’ll explain all the benefits and consequences so that you understand what happens.

Please contact us or book a free consultation to see if you are eligible for a debt agreement and to determine if it is the best option for you.

Personal Bankruptcy

Declaring bankruptcy is a solution for people who can’t repay their debts and are unable to agree an alternative arrangement with creditors.

The period of bankruptcy is normally three years. One you file for personal bankruptcy your creditors will cease to pursue you for money (this is a legal requirement).

We will work with you to make the process easy. Please call us or book a free consultation to discuss your situation and to determine whether this is a suitable option for you.

How you can benefit from our services

As you know, when you are unable to pay your debts and are continually being chased for money, your life can become quite miserable. Don’t let this situation continue. Take action now to take back your life and find the best solution to your particular situation.

We help thousands of Australians every year to get their lives back from debt. Our team of highly experienced consultants ready to help you do the same. It makes a difference to have an expert on your side while you are going through these tough times.

So call us on the number above or fill in the form to book your free consultation now.