If your debts are getting out of control and your situation looks like you are heading towards bankruptcy, you might want to consider one of the following Australian Government Initiatives:
Personal insolvency agreement
The government provided legislation to allow Australians to legally settle their debts and avoid bankruptcy. Like most things in life there are advantages and disadvantages to these agreements and these need to be carefully considered before entering a debt agreement or a personal insolvency agreement.
At Get Debt Free we find that many of the people who initially come to us believe that the only option is personal bankruptcy. Here at Get Debt Free we are specialists at helping people avoid personal bankruptcy. If you can’t avoid personal bankruptcy we have a service available to make the process as easy and stress free as possible for you.
If you need advice or are unsure of what action to take to get out of debt, call us today and speak to a professional debt management expert. Our advice is free so call today on 1800 98 10 70