If you are unable to pay off your debts, a Debt Agreement is an affordable option that allows you to reduce your debts and avoid the long-term effects of Bankruptcy. There are two types of Agreements: A Formal Part 9 Debt Agreement (DA) and an Informal Agreement (IA).
Topics: Debt Agreements, News, Informal Agreement, Personal Debt, Debt Management Solutions
Many older Australians are taking on credit card debt as a means to pay for necessities because they don’t have a high, stable income.
Topics: Credit Card Debt, Personal Debt, Debt Management Solutions
While a Debt Agreement avoids the consequences of bankruptcy, it affects your ability to apply for finance – both personal and home loans. But can you apply for finance while you're on a DA, or do you have to wait until it's been completed?
Topics: Debt Agreements, Home Loans, Personal Debt, Debt Management Solutions
If your debts are piling up and you’re unsure how to get rid of them, there are three debt reduction strategies which can help you become debt-free.
Topics: Debt Relief, Personal Debt, Debt Management Solutions
Australian household debt has risen steadily over the past three decades. As a result, we now have some of the highest levels in the world. If your debts are spiralling, or you’re simply feeling overwhelmed by high-interest repayments, here are some of our top tips to getting things under control.
Topics: Personal Insolvency, Personal Debt, Debt Management Solutions