Not everyone qualifies for a DA

Your individual assets must be less than $266,557.00. (if you are buying a house this is only for your equity, not a spouse partner etc).

Your unsecured debts must be less than $133,278.00

Your income must be less than $1,922.00 (after tax) per week.

You need to be able to pay something meaningful. This doesn’t mean you will have to pay the total of your debt to clear your debt but you must be able to make a payment of some sort.

The payment you do make is based on what you can afford, It is not based on what you owe.

Your credit score will be affected. People who do DA’s do so to get out of debt. This is the price they are willing to pay to get all of the benefits below (including being Debt Free). When your credit score is reinstalled it will be back to normal and there will be no trace of the DA.

You will only have to make one regular payment to cover all unsecured debt’s.

Interest will be Frozen.

You will be out of Debt between 3 and 5 years.

Credit Score returns to perfect.

No more phone calls, legal letters or impossible demands.

A legislated debt solution that is a real plan to get out of debt.

Our policy is that you are not allowed to pay back (this also includes all fee’s) more than you owe. Example, If you owe $44,500.00 in unsecured debt, the total amount you repay must be less than $44,500.00. You will save many thousands, maybe tens of thousands in Interest.

Click on home to see all the benefits.