Benefits of a Debt Agreement from an ITSA Registered Debt Agreement Administrator - Australian Debt Agreements
Debt agreements have a positive effect on more than your cash flow; many people who have been helped out of debt by a debt agreement say that the relief of stress and harassment from creditors was just as helpful as the debt relief itself. As registered debt agreement administrators, Australian Debt Agreements help Australians accomplish debt relief every day.
Benefits of Using a Debt Agreement for Debt Consolidation
- You only pay an agreed fixed amount that you can afford towards your debt
- The interest and charges on your debt will be frozen
- It will prevent any legal action and help you avoid bankruptcy
- All of your unsecured debt is rolled into one, therefore you will only need to make one regular repayment towards your debt
- A substantial portion of your debt will be written off
- You will have protection from your creditors and debt collectors
Debt Agreements & the Insolvency Trustee Service Australia (ITSA)
Debt agreements are an Australian government initiative, of which Australian Debt Agreements is a registered debt agreement administrator. The Insolvency and Trustee Service Australia (ITSA) is the government agency responsible for the administration and regulation of debt agreements. The initiative was put in place to help prevent bankruptcy and to minimise the ever increasing interest on debt for people that cannot afford to pay it back and live a normal life.
Free Debt Analysis - Is a Debt Agreement Suitable for You?
Our debt consolidation consultants will offer you a free, confidential analysis of your debts and discuss your options with you. We will understand your situation and assess if you are eligible to apply for a debt agreement. Click here to learn about the criteria for entering into a debt agreement. Alternatively, call 1300 123 328 and speak with an experienced debt consolidation consultant today.
Australian Debt Agreements - We'll Negotiate a Lower, Affordable Payment
If you are eligible, we will negotiate a lower, affordable payment based upon what you can realistically afford. Through ITSA, we will mediate with your creditors, organise all the paperwork and once the debt agreement is approved, take care of the ongoing administration for the duration of your debt agreement.
DEBT CONSOLIDATION STRATEGIES FROM AN ITSA REGISTERED DEBT AGREEMENT ADMINISTRATOR - AUSTRALIAN DEBT AGREEMENTS
