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Is Afterpay Another Debt Trap?

In a recent analysis of Debt Rescue data, we have identified there has been a 271% increase in clients entering new Debt Agreements, who have accumulated an Afterpay debt over the last 6 months compared to be previous 6 months.

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Topics: Debt Agreements, Research, Personal Debt, Debt Management Solutions

Declaring Bankruptcy in Australia

Despite its reputation, Bankruptcy is not a punishment. Declaring Bankruptcy in Australia can alleviate financial hardship and stress.

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Topics: Bankruptcy, Personal Debt, Debt Management Solutions

Informal Agreement Pros and Cons: An Infographic

An Informal Agreement can be a lifesaver for many, with lots of perks. Here at Debt Rescue, we offer our own Informal Agreement called a Debtstroyer Agreement. Despite the many benefits, there are a few risky downfalls to entering an Informal Agreement that you should keep in mind.

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Topics: Research, Informal Agreement, Personal Debt, Debt Management Solutions

Part IX (9) Debt Agreement Consequences

Some debt relief solutions in Australia come with consequences and restrictions. If you want to find a debt relief solution to improve your situation you should weigh up the pros and cons of each option. We have provided a summary of Part 9 Debt Agreement consequences.

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Topics: Debt Agreements, Personal Debt, Debt Management Solutions

4 Ways to Get Rid of Your Debt

There’s a saying – running into debt isn’t so bad, it’s running into creditors that hurts – and it does! If you’re facing debts you can’t pay, depending on your situation and circumstances, there may be a number of ways you can get rid of your debts and get on with your life.

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Topics: Personal Insolvency, Debt Agreements, Personal Debt, Debt Management Solutions