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Informal Debt
Arrangement

WHAT IS AN INFORMAL DEBT ARRANGEMENT?

WHAT IS AN INFORMAL DEBT ARRANGEMENT?

CONTACT US

CONTACT US

Informal Debt Arrangement

WHAT IS AN INFORMAL DEBT ARRANGEMENT?

WHAT IS AN INFORMAL DEBT ARRANGEMENT?

CONTACT US

CONTACT US

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.

We can freeze your interest!

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.
Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.

Vary your loan terms

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.
A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum.

Settle for less!

A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum.
Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.

We can freeze your interest!

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that.
Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that..

Vary your loan terms

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. We can help with that..
A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum.

Settle for less!

A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum.

What is an Informal Debt Arrangement?

An Informal Debt Arrangement is not a formal agreement recognised by legislation. It is an agreement between you and your creditor.

 

It allows you to resolve your debt issues without suffering the harsh consequences of Part 9 Debt Agreement or Bankruptcy and does not impact your credit file. Once you enter into an Informal Debt Agreement, your creditors cease recovery actions and those harassing collection calls cease.

 

The great thing about an informal debt arrangement is that you will not be listed on the National Personal Insolvency Register for life and there are no restrictions on your income, travel, homeowner status, employment licenses and being a director of a company. 

 

How we help

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. Once you’re behind on your repayments, the overdue amounts, late payment fees and interest accruals make it impossible to control the rising debt levels. Unfortunately, with the increasing debt levels, most people struggle to continue to meet their debt obligations, leaving them trapped in the debt cycle. However, with interest frozen, you can focus on repaying the principal debt back.

Freeze your interest

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. Once you’re behind on your repayments, the overdue amounts, late payment fees and interest accruals make it impossible to control the rising debt levels.

Unfortunately, with the increasing debt levels, most people struggle to continue to meet their debt obligations, leaving them trapped in the debt cycle. However, with interest frozen, you can focus on repaying the principal debt back.
We can re-negotiate your loan terms and arrange an affordable monthly repayment with your creditors that your budget can sustain. This can include an extension of your loan timeframe, smaller repayments, or deferral of payments for an agreed timeframe.

Vary your loan terms

We can re-negotiate your loan terms and arrange an affordable monthly repayment with your creditors that your budget can sustain. This can include an extension of your loan timeframe, smaller repayments, or deferral of payments for an agreed timeframe.
A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum, instead of the full balance you owe on the debt. In return for having a lump sum payment, your creditor agrees to write off the rest of the debt. Usually creditors acknowledge that their chance of recovering 100% of the debt may not be possible, if your circumstances show that it is impossible to repay all of the debt. In these situations, creditors would rather recover some of their money than none at all, which may be the case if you declared bankruptcy. Therefore, they may be willing to accept a reduced lump sum to close your debt. You can choose this option if you have come into some money, or have accumulated some savings you can use. An informal arrangement is a much cheaper and commercially viable option for creditors, than pursuing a debtor through legal actions.

Settle for less!

A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum, instead of the full balance you owe on the debt. In return for having a lump sum payment, your creditor agrees to write off the rest of the debt.

Usually creditors acknowledge that their chance of recovering 100% of the debt may not be possible, if your circumstances show that it is impossible to repay all of the debt. In these situations, creditors would rather recover some of their money than none at all, which may be the case if you declared bankruptcy.

Therefore, they may be willing to accept a reduced lump sum to close your debt. You can choose this option if you have come into some money, or have accumulated some savings you can use. An informal arrangement is a much cheaper and commercially viable option for creditors, than pursuing a debtor through legal actions.
GET IN TOUCH

What is an Informal Debt Arrangement?

An Informal Debt Arrangement is not a formal agreement recognised by legislation. It is an agreement between you and your creditor.

 

It allows you to resolve your debt issues without suffering the harsh consequences of Part 9 Debt Agreement or Bankruptcy and does not impact your credit file. Once you enter into an Informal Debt Agreement, your creditors cease recovery actions and those harassing collection calls cease.

 

The great thing about an informal debt arrangement is that you will not be listed on the National Personal Insolvency Register for life and there are no restrictions on your income, travel, homeowner status, employment licenses and being a director of a company. 

 

How we help

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. Once you’re behind on your repayments, the overdue amounts, late payment fees and interest accruals make it impossible to control the rising debt levels. Unfortunately, with the increasing debt levels, most people struggle to continue to meet their debt obligations, leaving them trapped in the debt cycle. However, with interest frozen, you can focus on repaying the principal debt back.

Freeze your interest

Compounding interest on debts is one of the major reasons people find it difficult to bring their debt levels down. Once you’re behind on your repayments, the overdue amounts, late payment fees and interest accruals make it impossible to control the rising debt levels.

Unfortunately, with the increasing debt levels, most people struggle to continue to meet their debt obligations, leaving them trapped in the debt cycle. However, with interest frozen, you can focus on repaying the principal debt back.
We can re-negotiate your loan terms and arrange an affordable monthly repayment with your creditors that your budget can sustain. This can include an extension of your loan timeframe, smaller repayments, or deferral of payments for an agreed timeframe.

Vary your loan terms

We can re-negotiate your loan terms and arrange an affordable monthly repayment with your creditors that your budget can sustain. This can include an extension of your loan timeframe, smaller repayments, or deferral of payments for an agreed timeframe.
A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum, instead of the full balance you owe on the debt. In return for having a lump sum payment, your creditor agrees to write off the rest of the debt. Usually creditors acknowledge that their chance of recovering 100% of the debt may not be possible, if your circumstances show that it is impossible to repay all of the debt. In these situations, creditors would rather recover some of their money than none at all, which may be the case if you declared bankruptcy. Therefore, they may be willing to accept a reduced lump sum to close your debt. You can choose this option if you have come into some money, or have accumulated some savings you can use. An informal arrangement is a much cheaper and commercially viable option for creditors, than pursuing a debtor through legal actions.

Settle for less!

A reduced Full and Final settlement means that we negotiate with your creditors to allow you to pay a lesser lump sum, instead of the full balance you owe on the debt. In return for having a lump sum payment, your creditor agrees to write off the rest of the debt.

Usually creditors acknowledge that their chance of recovering 100% of the debt may not be possible, if your circumstances show that it is impossible to repay all of the debt. In these situations, creditors would rather recover some of their money than none at all, which may be the case if you declared bankruptcy.

Therefore, they may be willing to accept a reduced lump sum to close your debt. You can choose this option if you have come into some money, or have accumulated some savings you can use. An informal arrangement is a much cheaper and commercially viable option for creditors, than pursuing a debtor through legal actions.
GET IN TOUCH
The first step towards a debt-free life. We learn about the stresses you face, review your current financial situation

We listen and learn

The first step towards a debt-free life. We learn about the stresses you face, review your current financial situation & formulate a plan to eliminate your debts.
We can stop the calls and deal with the banks, start negotiations with your creditors, act as your advocate at all times

Create room to breathe

We can stop the calls and deal with the banks, start negotiations with your creditors, act as your advocate at all times & look to freeze your interest.
We consult with your creditors to obtain a debt reduction with the aim to reach a full

We settle your debt

We consult with your creditors to obtain a debt reduction with the aim to reach a full & final settlement. Debt is settled on mutually beneficial terms to preserve your credit rating.
If you are unable to raise the funds required to settle your debts, we can place you into a long-term payment arrangement.

Long term payment

If you are unable to raise the funds required to settle your debts, we can place you into a long-term payment arrangement.
The first step towards a debt-free life. We learn about the stresses you face, review your current financial situation

We listen and learn

The first step towards a debt-free life. We learn about the stresses you face, review your current financial situation & formulate a plan to eliminate your debts.
We can stop the calls and deal with the banks, start negotiations with your creditors, act as your advocate at all times

Create room to breathe

We can stop the calls and deal with the banks, start negotiations with your creditors, act as your advocate at all times & look to freeze your interest.
We consult with your creditors to obtain a debt reduction with the aim to reach a full

We settle your debt

We consult with your creditors to obtain a debt reduction with the aim to reach a full & final settlement. Debt is settled on mutually beneficial terms to preserve your credit rating.
If you are unable to raise the funds required to settle your debts, we can place you into a long-term payment arrangement.

Long term payment

If you are unable to raise the funds required to settle your debts, we can place you into a long-term payment arrangement.

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