FORMAL DEBT AGREEMENT
A way forward when your situation looks bleak
If your finances are in a mess, you’ve got defaults and are starting to get threatening letters from creditors, it could be time for a Formal Debt Agreement.
It’s no small matter, as it’s an ‘act of bankruptcy’, but it will stop things getting worse and give you an opportunity to start reducing your debt.
By setting up a Formal Debt Agreement with your creditors, we can negotiate a repayment amount that you can handle and also reduce the overall debt that you have to repay at the same time.
It’s a great alternative to bankruptcy.
HOW IT WORKS
3 simple steps to financial freedom
Here to help every step of the way.
We'll assess your circumstances and formulate a solution that gets you back on track. Contacting Credit Counsellors Australia is the start of your journey toward a better financial future.