Debt Agreement - Benefits of a Debt Agreement
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.
Freeze Interest, Consolidate Debt, Avoid Bankruptcy, Stop the Harassment from Creditors / Debt Collectors & Prevent Legal Action
For those struggling with debt, using a debt agreement can bring many benefits, including the following:
- You only pay an agreed fixed amount that you can afford towards your debt – this could be significantly less than the amount you owe – it depends on what your creditors will agree on and how long you wish to take to pay them back
- The interest and charges on your debt will be frozen – this way, you’ll be able to get out of debt faster
- You are protected from your creditors and debt collectors, and it will prevent any legal action – it becomes illegal for your creditors or debt collectors to take you to court or even contact you once you lodge the debt agreement with ITSA
- It will help you avoid bankruptcy (which has serious consequences). Also, the fact that you have paid your creditors back from your own pocket will look better on your credit file than bankruptcy later on
- All of your unsecured debt is rolled into one regular repayment – making life a little easier and your personal cash flow easier to manage
DEBT AGREEMENT QUICKLINKS
Debt Agreements - What is Debt Agreement
Debt Agreements - How to Apply for a Debt Agreement
Debt Agreements - Benefits of a Debt Agreement
Debt Agreements - Examples of Debt Agreements
Debt Agreements - Who Can Enter a Debt Agreement
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