Jul 20

3 Easy tips for reducing debt

Reducing debt can be difficult, but it is something that must be managed carefully. By reducing debt you can enjoy lower interest bills each month which will help you reduce  the principal debt. If you are trying to reduce your debts, here are three simple rules to keep in mind. Pay as much as you […]

Jul 20

Declaring Voluntary bankruptcy

To declare bankruptcy on a voluntarily basis, you must fill out and submit the necessary bankruptcy forms. At Get Debt Free we offer a bankruptcy form completion service where we will assist you to complete these forms for a fixed fee of $400. On these forms you must provide details about yourself and your personal […]

Jun 18

Does a Debt Agreement or a Personal Insolvency Agreement affect your credit rating?

Are you thinking about entering into a Debt Agreement or Personal Insolvency Agreement, but worried if it will affect your credit rating? The short answer is yes. A Debt Agreement or Personal Insolvency Agreement is going to have an impact on your credit file. Entering into such an agreement is an event that will be […]

Jun 15

Are you looking for an alternative to bankruptcy?

Have you realised that you have more debt than you are able to afford and don’t know what to do? Maybe you have had a recent crisis, lost your job or can no longer work and your debts are mounting up. Often in these circumstances, people believe that bankruptcy is their only option. It’s not. […]

May 31

What debts go into a Debt Agreement?

This is the most common question we are asked “What debts go into a debt agreement?” The answer is: “unsecured debts which are provable debts” . What this means in layman’s terms is all debts which are unsecured and are provable in bankruptcy must be included in any debt agreement proposal. We explain the difference […]

May 16

Debt Free helped John with a Debt Agreement

John is a key account Manager in sales and spends most of his time on the road and earns $52,000 per year. John recently broke up with his life partner which was unexpected. He and his partner obtained credit to purchase furniture and other household items, but when they broke up John was left with […]

May 09

Debt Free helped Meryl with a Debt Agreement

Meryl is a single woman employed as a Packing Manager who was struggling with her personal loan, credit card and secured car loan for more than 12 months before contacting Debt Free for help. Meryl was earning $80,000 p.a. which she felt was enough to repay her debts . Meryl’s troubles began when the cost […]

May 07

Debt Free helped Paul with a Debt Agreement

Read how a Debt Free helped Paul with a Debt Agreement.. Paul is a single man employed as an Interior Decorator who was struggling with his personal loan and credit card for more than 12 months. Paul was earning just under $50,000 per annum. Paul’s troubles began when he lost his job due to a […]

May 07

A Personal Insolvency Agreement was what we needed

Dear Debt Free, I would like to thank you and your team again for all the help and understanding with our situation.  When my husband lost his job we thought that he would only be unemployed for a short time.  As time went by and the longer it was taking to find a job, we […]

May 04

Life after a Debt Agreement

Once you have made your final contribution towards your Debt Agreement you will become free from all obligations that were the subject of your Debt Agreement. In other words all debts that were disclosed in your Debt Agreement proposal will be finalised and settled in full. This means you will be able to live free […]