Are you looking for options to get out of debt?

If your debt situation is getting out of control you might be getting more and more desperate to find a solution to get out of debt.. At Get Debt Free we have spoken to thousands of Australians and one of the common themes we hear is that when a debt situation gets really bad, people often make rushed or pressured decisions which they end up regretting.

Your financial future is important and choosing the wrong debt solution can be disastrous. If you find yourself desperate and you are looking for a solution to get out of debt, don’t make these mistakes.

Don’t declare bankruptcy without being 100% sure it is the best option

Bankruptcy is a serious financial step and the decision to file for bankruptcy should not be taken without thorough research. The consequences of bankruptcy will be felt for many years to come and there are also significant conditions placed upon you. These restrictions include overseas travel (without your trustee’s permission) and the inability to be a director of the company or to manage a company.

If you are considering bankruptcy we always recommend that you thoroughly research your options just to make sure there aren’t better options available to you. Take a few minutes to speak to our specialized debt consultants at Debt Free on 1800 98 10 70.

Don’t enter a debt agreement you can’t afford

A debt agreement is a good way to get out of debt, however, entering into a debt agreement without a thorough assessment could be disastrous. Here at Get Debt Free we always insist on you completing our thorough assessment process to establish if a debt agreement is suitable and affordable. One of the biggest dangers is entering into a debt agreement which you cannot afford. If you fail to meet your obligations under a debt agreement, you may end up bankrupt in any case so your goal to become debt free will be delayed.

Shop around for a professional and fully qualified debt agreement administrator. Here at Get Debt Free our debt agreement administrator is a Chartered Accountant and a Registered Trustee in Bankruptcy.

Don’t get pushed into a solution that is wrong for you

There are a lot of companies out there offering debt solutions. Whilst most offer good, quality advice unfortunately, some operators do not. They will push potential clients into solutions that make them the most money, instead of what is truly best for you

At Get Debt Free, we offer the full range of debt management solutions, including Bankruptcy, Debt Agreements and Personal Insolvency Agreements. Even if you have already spoken to a debt solution provider, give us a call to see if you are getting the right advice. The call is free, as is our advice. Call today on 1800 98 10 70