Full & Final Settlement
A Full & Final Settlement is an offer made to your creditors to settle the debt with a one off payment – at a reduction. This one-off payment will write off a large portion of your debt without defaulting your credit file. Contact us to see if a Full & Final Settlement is right for you.
Full & Final Settlement
A Full & Final Settlement is an offer made to your creditors to settle the debt with a one off payment – at a reduction. This one-off payment will write off a large portion of your debt without defaulting your credit file. Contact us to see if a Full & Final Settlement is right for you.
80m+
Debt wiped
6k+
Australians helped
30m+
Interest saved
6k+
Saved from bankruptcy
What is an Full & Final Settlement?
A Full & Final settlement involves negotiating an agreement with your creditors for a final settlement by offering a reduced lump sum to close your debts, rather than paying the full amount.
In most cases we are able to freeze the interest and repayments on your debts for a period of time – allowing you to save the money required to settle with your creditors.
This option is also suitable if you have come into some money or a friend or relative offers to put forward the lump sum.
How do we help?
No impact to your credit score
Reduce debts by up to 80%
Stop interest and fees
No effect on your employment
Get a rental property
What is an Full & Final Settlement?
A Full & Final settlement involves negotiating an agreement with your creditors for a final settlement by offering a reduced lump sum to close your debts, rather than paying the full amount.
In most cases we are able to freeze the interest and repayments on your debts for a period of time – allowing you to save the money required to settle with your creditors.
This option is also suitable if you have come into some money or a friend or relative offers to put forward the lump sum.
How do we help?
No impact to your credit score
Reduce debts by up to 80%
Stop interest and fees
No effect on your employment
Get a rental property
Download our app & watch your balance decrease without interest compounding
This app is the first of its kind in Australia. See your debts in one place without having to login to numerous internet banking sites!
Just one regular payment!
View your live credit score
Stop the calls
We protect your credit rating
No Debt Agreements
Freeze interest & repayments
Reduce debts by up to 80%
Full Support
Download our app & watch your balance decrease without interest compounding
This app is the first of its kind in Australia. See your debts in one place without having to login to numerous internet banking sites!
Just one regular payment!
View your live credit score
Stop the calls
We protect your credit rating
No Debt Agreements
Freeze interest & repayments
Reduce debts by up to 80%
Full Support
The Process
How does a Full & Final Settlement work?
Everything you need to know in just 5 easy steps!
Call ChapterTwo on 1300 344 433 or submit a contact form and we will call you at a time that best suits you. We will evaluate your situation so that we can make sure a Full & Final Settlement is right for you.
Get in touch with ChapterTwo
After reviewing our proposal you engage ChapterTwo to be your authorised representative and to act on your behalf.
Engage with us
We assess your financial situation and determine what amounts you are able to offer each of your creditors.
We assess your situation
We negotiate the settlements with your creditors and obtain a payout figure.
We negotiate
The settlement is paid and the remaining debt is written off by the creditors.
You settle your debt
How does a Full & Final Settlement work?
Everything you need to know in just 5 easy steps!
Get in touch with ChapterTwo
Call ChapterTwo on 1300 344 433 or submit a contact form and we will call you at a time that best suits you. We will evaluate your situation so that we can make sure a Full & Final Settlement is right for you.
Engage with us
After reviewing our proposal you engage ChapterTwo to be your authorised representative and to act on your behalf.
We assess your situation
We assess your financial situation and determine what amounts you are able to offer each of your creditors.
We negotiate
We negotiate the settlements with your creditors and obtain a payout figure.
You settle your debt
The settlement is paid and the remaining debt is written off by the creditors.
Recent Case Studies
The Artist
Debt – $28,000 in credit cards
Solution – Full and Final Settlement
Overview
Our 60-year-old client was experiencing financial hardship, due to significant decline in commissions for his art work. His financial situation had been deteriorating for a few years, however it wasn’t obvious to our client, as the rollercoaster ride he had been on had become a normal part of his life.
So he ploughed on as usual making artworks and using credit cards to cover his expenses, hoping things would get better, because they had done so in the past. Unfortunately, the latter year turned out to be a very tough one. Virtually no rewards for all his efforts – just more expenses.
Furthermore, there were no suitable employment prospects in the region our client lived in. Feeling despondent and hopeless at not being able to meet is living needs, plus meet his debt obligations, our client turned to ChapterTwo for help.
How we helped:
Recent Case Studies
The Artist
Debt – $28,000 in credit cards
Solution – Full and Final Settlement
Overview
Our 60-year-old client was experiencing financial hardship, due to significant decline in commissions for his art work. His financial situation had been deteriorating for a few years, however it wasn’t obvious to our client, as the rollercoaster ride he had been on had become a normal part of his life.
So he ploughed on as usual making artworks and using credit cards to cover his expenses, hoping things would get better, because they had done so in the past. Unfortunately, the latter year turned out to be a very tough one. Virtually no rewards for all his efforts – just more expenses.
Furthermore, there were no suitable employment prospects in the region our client lived in. Feeling despondent and hopeless at not being able to meet is living needs, plus meet his debt obligations, our client turned to ChapterTwo for help.
How we helped:
Take control of your debt today
The journey to financial freedom is just 60-seconds away. Simply fill in the form below to get started.
Once completed we will be in touch with a plan to start reducing your debts.
Take control of your debt today
The journey to financial freedom is just 60-seconds away. Simply fill in the form below to get started. Once completed we will be in touch with a plan to start reducing your debts.