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Negotiating with the people you owe money to (your creditors) to reduce your debts. So, you pay less! |
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Create a repayment plan with 1 affordable weekly or fortnightly payment which covers all of your debt. |
PLUS, you never have to deal with the people you owe money to again. That becomes our job!
The benefits of a Debt Agreement include:
1. Your debts are reduced!
2. Interest is stopped!
3. No more dishonour or overdrawn fees!
4. There are less restirctions imposed on you than if you were to declare bankruptcy!
Unlike when you file for bankruptcy, a Debt Agreement still allows you to travel overseas, your income won't be monitored, and you can hold on to your assets ie. car, house or boat.