Collection action can be scary, especially if you have never been behind with debts.
Debt Collection can be stressful, with some Collection Agents threatening and intimidating you with various “consequences” if you fail to pay. It can be hard to understand the escalation of action in the recovery process and to help, we have a produced short video for general guidance.
**This video is for general information only and does not take into account your personal circumstances. Legal action and processes vary from state-to-state depending on legislation. We recommend you seek legal advice pertinent to your situation.
If you or anyone you know is experiencing difficulty in paying their debt, contact us for a free initial consultation to discuss possible debt solutions suitable for your specific circumstances. We will help you find your Life After Debt ®
Life After Debt® can provide a free, no obligation assessment of your circumstances and available options; One option Life After Debt specialises in is called a Part IX Debt Agreement. This is a means to freeze the interest and combine all unsecured debt into one manageable repayment via a negotiation with your Creditors. There are eligibility criteria, however the team at Life After Debt® can provide guidance on whether you qualify and if this option is appropriate for you. If you are simply unable to repay your debts, and you believe this will be unchanged for some time, you may wish to consider your options under Bankruptcy. https://www.afsa.gov.au/insolvency/i-cant-pay-my-debts