Liquidation Direct
INSOLVENCY, LIQUIDATION AND BANKRUPTCY EXPERTS
1300 767 525
CALL US NOW — 24 hours 7 days
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What are the advantages of a Debt Agreement?
A Debt Agreement offers a number of advantages;
- Avoidance of formal bankruptcy
- If agreed, all creditors are bound by the Debt Agreement so long as the debtor complies with the terms of the Agreement.
- Once the terms of the Debt Agreement are fulfilled, there will be no on going obligation to the creditors.
- Depending on the terms of the Debt Agreement, one monthly payment will be made and applied proportionately to creditors debts.
- Reduction in stress of having to deal with irate creditors
- Employment will probably not be affected by a Debt Agreement. In fact, your employer will not know of the Agreement unless you choose to tell them.
1300 767 525
CALL US NOW — 24 hours 7 days
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