Debt Relief on the Gold Coast: There Is Help Available
Living with debt can be exhausting, especially when you’re falling behind on repayments or struggling to meet even the minimum amounts. Whether you have a credit card debt piling up, a poor credit rating, considering bankruptcy or are simply going through a rough patch in life, don’t wait any longer to achieve financial relief.
At Debt Rescue, we offer a range of debt relief solutions on the Gold Coast to help Australians become debt-free. We specialise in fast debt relief, with solutions such as Debt Consolidation, Debt Agreements, Informal Agreements and Bankruptcy.
Make Your Debt More Manageable Through Debt Consolidation on the Gold Coast
If you want to improve your financial situation, debt consolidation may be the best option for you. At Debt Rescue, we provide a range of debt relief strategies to suit your circumstances. We’ll work with you and talk you through your financial position so we can develop the right debt consolidation solution for you.
Debt consolidation is designed to consolidate your credit cards, personal loans and store cards by rolling them into one, more affordable repayment plan. Debt consolidation can reduce your interest, improve your cash flow, simplify the fees and relieve the stress involved with juggling numerous debt repayments.
Beat Your Debt with a Debt Agreement
At Debt Rescue, we specialise in both formal and informal debt agreements to help those in financial distress get back to what matters most. The best debt relief solution depends on your individual circumstances.
Part 9 Debt Agreement
A Part 9 Debt Agreement is a legal and binding agreement between you and your creditors, which outlines a new affordable payment arrangement of your unsecured debts. If you’re drowning in debt and unsure how to break free, a Debt Agreement could be the right option for you. You are eligible for a Debt Agreement if you:
- Are unable to pay your debts when they fall due,
- Haven’t been bankrupt in the past,
- Haven’t had a debt agreement or personal insolvency agreement in the last 10 years,
- Have unsecured debts and assets less than the set amount (outlined on the AFSA website), and
- Can estimate that your after-tax income for the next 12 months to be less than the set amount.
Informal Debtstroyer Agreement
An Informal Agreement, or what we call at Debt Rescue our Debtstroyer Agreement, is a proactive solution set up between you and your creditors which allows you to repay your debts without the lasting consequences of other debt relief strategies.
Debtstroyer Agreements are private, so there are no specific criteria to be eligible. However, if you have experienced a once-off emergency event which has impacted you financially, your creditors are more likely to be open to negotiations regarding your debt relief. A Debtstroyer Agreement can protect your credit file, reduce your debt and be tailored to your individual circumstances to help you get your finances back on track so you can focus more on what matters most.
Bankruptcy Might Be an Option for Debt Relief on the Gold Coast
Bankruptcy is the legal process that can be declared when you cannot pay your debts when they fall due. Once you’ve been declared Bankrupt, you give up control of your finances and assets to a Trustee in exchange for protection from legal action being taken against you by your creditors. Debt Rescue can help you declare Bankruptcy by taking the stress out of your financial situation.
The debts which can be included in Bankruptcy are:
- All unsecured debts including credit cards, personal loans and store cards,
- Utility bills,
- Penalties and fines imposed by the court,
- Unliquidated damages from accidents, and
- HECS and HELP debts.
Debt Rescue Is the Gold Coast's Number One Debt Relief Provider
At Debt Rescue, we understand the stress that comes with debt. Let us help you regain control of your finances. We’ll evaluate your individual financial situation and help find the best debt relief solution to suit your needs. Contact our Gold Coast team today for a free consultation on 1800 00 3328.