Unfortunately, the number of Australians who find themselves in debt each year is growing.
This can be due to poor financial decisions, taking on too much financial responsibility, loss of employment, illness or many other factors. Once you have incurred a debt, it can be very difficult to get back on track.
If you are worried about your overhanging debt or concerned about potential bankruptcy, a debt management service is the ideal solution. Through developing a new agreement replacing the obligations held previously, a new structure may create an appropriate payment schedule that eases the pressure.
Wouldn’t it be great to improve your financial position with assistance from an experienced team? It can be quite stressful having to deal with creditors. Having a third party to assist in mediating between yourself and your lender can help not only ease your own concerns, but also find the right solution that leads to the most sustainable outcome for both parties.
Our team can help you strategise and plan your repayments, finding a structure that is manageable for you. We even outline a comprehensive range of free and low-cost options so that tight budgets are not a hindrance to moving forward.
Using these four steps, we will work through these issues in order to move towards settling your debt
Discuss your situation with our supportive team, and let us outline the ways we can help you. For all prospective clients, we will take you through a range of free and low-cost options before researching your unique circumstances further.
Taking into account all the information we have received, our staff will assess your current position and discuss options that are best suited to you. We will create a portfolio of strategies for your perusal, to help you find an appropriate course of action.
A formal discussion is timely, as we can guide you through the documentation we have prepared. By firstly outlining your obligations that you have to your current credit provider, and secondly communicating what is available to resolve these issues, you will have support as you make wise decisions regarding your way forward and future commitments. You then have the information you need to decide whether you wish to proceed to the next phase.
When you have formally engaged our services at this point, we will create a plan of action for the next steps of your solution.
Having a professional working alongside you can assist you greatly in identifying and managing your debt, and help you become empowered to take back control over your own finances. We understand that it can be difficult to seek help however it is important to remember that the sooner you ask for assistance, the sooner it can be managed.
When you speak with our advisors we will point you in the right direction, prioritising your debts, negotiating payment agreements and providing long term debt management solutions.
Our team will discuss everything that is available in order to assist you, helping you to make an informed decision tailored to your needs.
