At Debt Rescue, we're dedicated to finding the right solution to get you out of debt as fast as possible.
Since commencing operations in 2005, Debt Rescue has helped thousands of Australians get out of debt once and for all. We understand there’s a no one-size-fits-all solution to debt, which is why we offer a broad range of debt relief solutions to tailor to any financial situation.
How it Works
Whether you have personal loans, high interest credit card debts or utility bills you can’t afford to pay, we can help you regain control of your debts so you can get back to what matters the most.
At Debt Rescue, we know there is a no one-size-fits-all approach to managing debt, which is why we take the time to understand your situation to provide the best solution moving forward. We offer a wide range of solutions including a Part 9 Debt Agreement, Informal Debtstroyer Agreement, Debt Settlement, Agribusiness Arrangement, Moratorium and Loan Renegotiation which all fall under our exclusive Debt Management Plan.
The best debt relief solution for you will depend on your individual situation. Our aim is to provide an alternative solution to Bankruptcy – so you can avoid the serious consequences and limitations it carries.
3 Easy Steps
- Get in touch with us at Debt Rescue
- Your Case Manager will collect information from your creditors
- We will provide you with a tailored debt relief solution
With our Debt Management Plan, you may be able to reduce your total debt amount by up to 80% and be debt free in 3 years. Pay what is affordable for a set period of time and creditors will write off the remaining debts.
The below example shows how you could benefit from a DMP.
EXAMPLE UNSECURED DEBTS
|Debt: $20,000||Creditors: 3|
|Total amount of debt reduced:||$11,000|
TOTAL PERCENTAGE OF DEBT REDUCED:
In this example, the DMP client was able to get 55% of their debts written off by creditors, a total of $11,000 at the end of their DMP.
Our clients creditors will need to agree to the DMP, and regular payments will be based on individual circumstances. Credit rating will be affected. Fees will be added to the DMP, but not charged additionally, and are subject to individual circumstances.
How We Help
Types of Debt Management Plans
Our professional team understands each person’s circumstances are different, which is why we offer a range of creditor agreement options under the Debt Management Plan. This ensures the outcome achieved for you is suitable and sustainable. A summary of our Debt Management options: