Back on track with a Debt Agreement
By Administrator 06 November, 2012
Paul called us seeking help with his unsecured debts. He had credit cards and a personal loan totalling around $30,000. He also had a house with equity in it which he wanted to protect.
Before Paul called Debt Free Australia he thought bankruptcy was the only solution but after we explained the benefits of a Debt Agreement and after he understood the differences between a Debt Agreement and Bankruptcy, he decided to proceed with a Debt Agreement.
Paul enjoyed the benefits of a Debt Agreement as it allowed him to keep his house.
After 3 years Paul was released from all of his unsecured debts and became Debt Free!
If you have been thinking about entering into a Debt Agreement then call us on our toll free line on 1800 676 598.