Skip to main content Skip to search

Recent Articles

Refinancing to get out of debt

Refinancing debt may seem like a simple way to get out of debt, and for people with equity in their assets it can be very effective & simple to do. However, there are several issues you need to consider before refinancing your assets. What is refinancing? Refinancing involves cancelling your current home loan agreement (usually a home loan), and entering ...

Consolidate debt to solve your debt problems

No matter how careful you are, sometimes the financial pressure and stress of dealing with debt problems can cloud your decision making process. Some people try to ignore their problems in the hope that they will go away and others make rushed decisions without thorough research. Solving a debt problem takes careful planning and depending on the level of your ...

Debt Assessment

At Debt Free we offer a free and unique debt assessment. Our debt assessment is carried out using state of the art computer software which will find the best solution to suit your circumstances. We have developed and refined this software over a number of years so you can be assured you will receive impartial and expert advice. We will ...

What are personal insolvency services?

Personal Insolvency Services include, Bankruptcy, Debt Agreements and Personal Insolvency Agreements. These services can only be provided by a licenced and registered insolvency practitioner. Before you start dealing with any company, make sure they are fully licenced and registered with AFSA. There are 2 categories of personal insolvency licences which AFSA issue and regulate. The lesser category is a Registered ...

What is a licensed insolvency practitioner?

A licensed insolvency practitioner is someone who holds the necessary qualifications and is registered with the Australian Financial Security Authority (AFSA) and or the Australian Securities and Investments Commission (ASIC). To be licensed to offer all personal insolvency services you need to be Registered as a Trustee in Bankruptcy with AFSA. To become a Registered Trustee in Bankruptcy you need to ...

What does it mean to be insolvent?

What is insolvent? Being insolvent means you cannot pay your debts as and when they fall due. This usually happens when your household expenses consume all of your available income and you don’t have any surplus monies to pay your debts. This situation can only be solved if you have assets which you can sell to pay debts. If you ...

What debts can be included in a Debt Agreement?

Whilst a Debt Agreement is an alternative to bankruptcy and has many advantages compared to bankruptcy you need to be aware that they don’t deal with all debts. A Debt Agreement will only allow you to settle certain unsecured debts. So if you have assets which you wish to keep and they are attached to secured loans then these loans will ...

What is the difference between a Secured and Unsecured debt?

Secured Loans  A secured loan is one that is backed by some sort of collateral or asset.  This basically means that the lender will “hold” the collateral (ie the asset) until you pay off the loan.  Whilst the asset is held as collateral or security for the loan, you cannot deal with the asset in any way without the lender’s ...

WE CAN HELP YOU! FIND OUT HOW

CALL US ON | 1800 676 598

Get A FREE Debt Assessment Today!

Find out if you need a professional debt solution in 3 quick steps

  • 1. Income
  • 2. Expenses
  • 3. Assets

Simply enter your details for a FREE assessment

Subscribe to our newsletter