Debt Management
Simply fill in the enquiry form on the right for a FREE ASSESSMENT. You are absolutely under no obligation to accept offers that are presented to you by our expert staff. It’s confidential and there is NO CREDIT CHECK.
We have over 20 years experience helping Australians work through difficult financial times with our debt consolidation loans. We understand how easily your financial situation can change, and how your debts can become unmanageable.
Our experience has shown us that each person's situation is different and often a tailored solution is required. Consequently we have a debt consolidation solution that takes into account each client's individual situation.
Debt Management - What are effective ways of getting debt relief? How can I get debt help and who can provide it?
There are several ways to manage debt in life. The first is to realise that debt, for most people, is an unavoidable fact of life. Therefore, being smart about the debt you incur and managing debt that you already have is paramount to living well.
Debt Help – How to Manage Spiraling Debt
Debt help is easily found when you consider the option of debt consolidation. To consolidate debt involves getting a loan to cover your credit card debts, personal loan debt and any other debts you wish to pay off. By consolidating these debts into one loan, it can often lower the amount of interest you pay and improve your personal cash-flow – saving you time and money.
Debt Relief – What if I’m Insolvent and Heading Towards Bankruptcy?
If you are insolvent and cannot pay your debts as and when they fall due, there is a debt relief option for you to consider before declaring yourself bankrupt. This option provides debt relief by getting your creditors off your back and freezing the amount of interest you owe them. Put simply, we help you to pay these creditors back with money you generate from your income whilst providing you with some breathing space from the stress of debt collectors.
Commonly known as debt agreements, this debt management plan can save clients on the brink of bankruptcy and stop the constant barrage of debt collectors not to mention the growing interest charges and penalties that often arise when debts are not paid. A debt agreement is an agreement to settle debts over time instead of declaring Bankruptcy. One of the first steps is to present your creditors with a proposal. ALC's debt solution experts can help negotiate and prepare a proposal so you can settle your debts with a payment plan that you can manage.
Essentially, your debts are consolidated into one affordable payment that you pay off with your own income - we distribute this payment to your creditors over time until the debts are settled in full.
Should creditors accept your proposal, your debts are frozen and creditors will not be able to contact you for debt collection or take legal action against you. A debt agreement is therefore a great alternative to bankruptcy. Are you eligible for a debt agreement? Do you want to learn more about debt agreements? Contact us right away on 1300 138 188 for advice about whether a debt agreement is the right alternative for you.
We can offer a range of debt solutions to best suit your circumstances. Here are the various solutions available you: