The first step is to see if our services are right for you:
You're an Australian resident
You're between 18-65 years old
You or your partner have a regular income
You may need to borrow money or take control of your debt
You may have been declined for a loan or have trouble paying your debt
And you understand that...
We'll work with you fully understand your financial situation
We will help you understand your credit report and the areas for improvement
You may yourself without charge obtain a copy of your credit record and challenge any entry on your credit report
If you're applying for credit restoration improvement, we cannot guarantee that all adverse credit notations are removed from your credit report
We can only use our best endeavours to ensure that your credit record is true and correct
We will not provide you with any Insolvency services unless and until we've advised you that you may obtain help, free of charge, with credit and debt related problems from community based financial counsellors.
A personal insolvency agreement is a flexible way to come to an agreement with your unsecured creditors.
Benefits of a personal insolvency agreement:
May pay back less than what you owe
Transfer an asset to settle the debt
Make regular, affordable repayments
May not have to pay any more interest
A personal insolvency agreement is similar to a debt agreement, however there are differences in criteria.
Unlike a debt agreement, a personal insolvency agreement requires the process to be overseen by a Trustee as opposed to an Administrator. This makes the process slightly more formal than a debt agreement as the Trustee will need to report back to your creditors.
You're an Australian resident
