A Part 9 Debt Agreement is a legal and binding agreement between you and your creditors which outlines a new payment arrangement based on your budget. A Debt Agreement can help you get out of debt in just 3-5 years.
A Debtstroyer Agreement can help reduce your minimum repayment amount, pause your interest and give you time to pay off your debts in one, easy-to-manage payment – all without having a lasting impact on your credit rating.
If you’re experiencing severe financial hardship, bankruptcy provides you with a way to wipe your debts and start fresh. Bankruptcy will stop creditor harassment so you can look forward to a debt free future.
If your business is experiencing financial difficulties, it may be time to seek professional help. At Debt Rescue, we can assist with business debt negotiation, business turnaround, Voluntary Administration and Company Liquidation.
Victor is an elderly person (aged 63) with medical complications, with no prospects of returning to work. He currently receives a Centrelink Disability Pension and a small Insurance payment ($26,000 per year). He has unsecured debts of $22,000.
Stacey is a single parent with 2 school children. She currently a licensed Real Estate agent working a full-time commission basis and receives on average $72,000 per year after tax. She has unsecured debts of $102,000.