Bankruptcy

Declare Bankruptcy

Are you unable to repay your debt? Get help and discover if Bankruptcy is a good option for you.

#FINANCIALFREEDOM

When you need a financial reset

Many Australians find themselves in unfortunate circumstances through no fault of their own, where they cannot repay their debts. If a Debt Agreement or a Personal Insolvency Agreement will not work for you, then you might consider declaring Bankruptcy.

It isn’t designed to be a punishment. Think of it more as a reset button to get your financial situation back on track.

PROVEN SOLUTIONS

How does Bankruptcy benefit me?

Ready for a financial reset?
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Credit cards & loans written off

Most debts are extinguished by bankruptcy. Credit cards, loans, payday loans and many more.

Stop legal Action

Stop legal action

Bankruptcy protects you from any further legal action from your creditors.

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Stop debt collector calls

No more worrying each time your phone rings. Your creditors will have to call us, instead of you.

Debt Free

Superannuation is protected

Your superannuation funds are protected, meaning you don’t have to worry about your retirement.

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Most people make no ongoing payments

If you make less than $1,100 a week after tax, you won’t need to make any ongoing payments.

Have us do all the negotiations

We do all the hard work

We complete all the legal documentation, meaning you have more time and peace of mind, to do the things you’ve been putting off.

#FINANCIALFREEDOM

Is bankruptcy right for me?

Bankruptcy should be considered as a last resort. When you contact us we’ll firstly work with you to see if there is an alternative debt solution that may be better situated to your circumstances.

Alternatives include a Debt Agreement, Personal Insolvency Agreement or an Informal Arrangement.

You can then make an informed decision about which option is best for you.

HOW IT WORKS

The Bankruptcy process in just 5 steps

We’ll even do 3 of them for you.

1

We’ll assess your financial situation

2

You’ll engage us to act on your behalf

3

We’ll take care of all necessary checks, liaise with creditors and take the stress out of the paperwork.

4

We prepare and lodge your Bankruptcy documents.

5

Your Bankruptcy is processed and all unsecured creditors must stop collection activity.

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Start living again without the stress of debt

Get in touch for a consultation. We are aware of just how much courage it takes to ask for help. We listen, we understand, we care and we do not judge.

FREQUENTLY ASKED QUESTIONS

A Couple Things People Ask

What are the consequences of a personal insolvency agreement?

Your name and some other details will be recorded on the National Personal Insolvency Index (NPII) permanently. Your details will appear on your credit file for up to 5 years, or longer in some cases.

How long will a debt agreement stay on my credit file?

Your name and some other details will be recorded on the National Personal Insolvency Index (NPII) permanently. Your details will appear on your credit file for up to 5 years, or longer in some cases.

I run a business, what do I need to know?

Your name and some other details will be recorded on the National Personal Insolvency Index (NPII) permanently. Your details will appear on your credit file for up to 5 years, or longer in some cases.

What will it cost?

Your name and some other details will be recorded on the National Personal Insolvency Index (NPII) permanently. Your details will appear on your credit file for up to 5 years, or longer in some cases.

What happens to the interest on my debts?

Your name and some other details will be recorded on the National Personal Insolvency Index (NPII) permanently. Your details will appear on your credit file for up to 5 years, or longer in some cases.