How Dean halved his $83,000 debt and cut his repayment timeline from 7 years to 3
Key results at a glance
Dean’s story
Dean
QueenslandAfter his employer unexpectedly went into liquidation, Dean was left unemployed for three months. While trying to secure a new job as a Facility Manager, he relied on credit to survive, accumulating $83,105 in debt across six different accounts. We helped him consolidate his obligations into one affordable plan, significantly reducing his total debt and cutting his repayment timeline in half.
Age
32-year-old
Employment status
Unspecified
Location
Queensland
Household type
Single
Employment
Facility manager
The challenge
Despite securing full-time employment again, a sudden period of unemployment left Dean trapped with mounting debts and high weekly repayments.
Unexpected hardship
When his employer went into liquidation, sudden unemployment for three months severely impacted his cash flow.
Compounding expenses
Relying on credit to survive the job loss resulted in a massive $83,105 debt split across banks, financial partners, and payday lenders.
Multiple creditors
Managing six separate accounts, including high-interest short-term loans, made it incredibly difficult to get ahead.
Unsustainable repayments
Minimum weekly repayments were eating up $391 of his income, stretching his budget and keeping him in debt with a daunting 6.8-year repayment horizon.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
Why this approach worked
Getting started is easy and straightforward
Significant debt reduction
By setting up a Part 9 Debt Agreement, we successfully negotiated the total debt down from $83,105 to $41,850, instantly removing over $41,000 of financial burden.
Accelerated financial freedom
Instead of paying $391 a week for nearly seven years across six different accounts, Dean now makes a single $270 weekly payment, saving money and cutting his debt timeline down to just three years.
The result
Dean successfully entered a Part IX (9) Debt Agreement, experiencing an immediate drop in his weekly financial obligations. The outcome halved his total debt and provided a realistic, structured framework to become debt-free in a fraction of the original time.
Additional benefits
Protection from mounting interest and late fees across multiple accounts
Enhanced cash flow by significantly lowering weekly repayment commitments
Relief from the stress and administrative burden of juggling payday lenders and multiple creditors
A clear, legally binding timeline to become completely debt-free
Consolidating single mother’s debt
After losing her fiancé, Sarah was left with loans, mounting childcare costs, medical expenses, and the added pressure of COVID’s impact on the farming industry – leaving her $40,000 in debt across five creditors. As a single mum working full-time, she was exhausted from juggling it all alone. We consolidated her debts into a single affordable plan through a Part 9 Debt Agreement, reducing her total debt by $25,000 and helping her avoid bankruptcy.
Protecting the family home
When serious health complications forced Mark to reduce his working hours, medical costs piled on top of his mortgage and family expenses, leaving him with over $46,000 in debt across four creditors. Worried about losing his home equity, we set up a Part 9 Debt Agreement to consolidate everything into a single affordable payment, reducing his total debt by $17,000 and protecting his family home.
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What our customers are saying
Very helpful consolidating my bills into one. Very happy with the final outcome of being debt free. They helped me make repayments more affordable.
Very happy with my outcome Nick was very helpful taking me step-by-step which made it very easy thank you Nick for helping me
Very understandable when it comes situations, very easy and fast
Verry great would recommend
The staff at at Revive Financial were amazing and helped me through a very tough time. At any time where I needed information or just checking how everything was going, they were always so nice and understanding. My debt has been finalised and it feels great, the whole procedure was so easy and they took care of everything for me and I’m so grateful🙂
Highly recommend if you find yourself in a financial rut. Shanel is super at her job and everything was completed promptly 10/10
First rate
Mason has been so incredibly helpful and knowledgeable on getting me the best financial experience possible. She’s helped relieve majority of my financial stress during this hard medical time in my life. Thanks Mason ☺️
I found it a pleasure to get my financial struggles sorted the team who took the time to help me where very helpful and kind thanks revive financial.
Michelle Szabo has been amazing. She took control of everything for me and finally I can sleep at night knowing I have a commited plan in place.
Absolutely top tier, I even wrote them off as a another fraud company, they went above and beyond to prove me wrong and I’m super stoked that they did and Ben my contact throughout the entire process was just an absolute legend. I couldn’t thank them enough.
Annika was so great to deal with! Very professional and very helpful! Would recommend her 100%
Best decision I've ever made. I am finally debt free!! Thankyou for your ongoing support, I genuinely couldn't have done it without you. If you're looking for a sign, this is it.
When life become financially unfriendly ,it’s killing me mentally ,effecting my performance as professional and as person ,I decide to give myself free from this nasty creditor phone calls ,chasing me everyday with they nasty legal threats ,in the end of the day ,my mental wellbeing must come first , and worth more then any money in this world ! That’s why I take this consequences in order to give my self better success as soon as clear my self from this toxid debt collectors .
Amazing how simple the process was made Thank you Mason for taking the financial pressure of me
Amazing customer service! A special thank you to Annette for being so patient, understanding and supportive throughout the whole process. She took the time to answer all of my questions, explain everything clearly and made me feel comfortable every step of the way. I truly appreciate all of her help and support. Highly recommend! ❤️
From start to finish was very easy and straight forward. I appreciated all the help and would recommend your first port of call to revive financial for their help and guidance. Thank you all at Revive. Richard
