Sometimes when your Debts become unmanageable it can help to combine all your unsecured debts and make an affordable repayment plan based on your budget.
One way to do this is through what’s known as a Part IX Debt Agreement – a Part IX Debt Agreement is a legal and binding agreement between you and your Creditors which outlines a new affordable payment arrangement for your unsecured debts.
Under this Agreement, if accepted by creditors, you only have to repay a percentage of each dollar you owe and so long as you adhere to the arrangement you will be able to REDUCE THE DEBT.
Another advantage is that once your Debt Agreement has been accepted interest and fees on your existing unsecured debts will be paused so you can repay your debt off faster which means you will ELIMINATE FURTHER INTEREST if you stick to the agreed repayment plan.
When under the protection of a Debt Agreement, Debt Collectors and Creditors must cease all recovery methods so those harassing calls and emails will end. STOP THE CALLS
STRESS LESS now knowing you can finally pay your debts and get on with life.
Debt Solve Australia has access to Registered Debt Agreement Administrators so our consultants will be able to advise you on whether this is the best option for you.
Call now for Free 30 Minute Consultation 1300 803 290.