Case study

How Belinda escaped 9 debts and reduced her weekly repayments from $364 to $58

Part IX (9) Debt Agreement
Initial debt
$17,811
Outcome
Repayments reduced
to $58 p/w

Key results at a glance

Results that speak for themselves
$17,811
Total debt consolidated
$27,622
Total amount saved
1
Manageable repayment plan

The challenge

Despite working full-time, the financial fallout from a recent separation left Belinda struggling to manage high-interest debts across multiple demanding lenders.

Relationship breakdown

After separating from her partner, Belinda was left to manage debts accumulated during the relationship on a single income.

Predatory interest rates

Her debt included multiple payday loans charging up to 48% p.a. in interest, making it incredibly difficult to make a dent in the principal amount.

Multiple creditors

Juggling nine different credit facilities resulted in an overwhelming financial burden of $364 in weekly repayments.

Constant harassment

Daily phone calls and SMS messages from aggressive creditors caused severe emotional and financial stress.

The solution

After reviewing Belinda’s circumstances, we identified that a Part IX (9) Debt Agreement would pause her interest, stop the creditor contact, and consolidate her debts into one highly affordable payment.

Comprehensive financial assessment

We evaluated Belinda’s full-time income as a receptionist alongside her $17,811 debt spread chaotically across nine separate facilities.

Practical guidance

We provided clear, supportive advice on how a Part 9 Debt Agreement acts as a legal circuit breaker to stop creditor harassment and pause exorbitant interest rates instantly.

Tailored solutions

We negotiated directly with her nine creditors to settle the overall debt for just $8,932, dropping her weekly repayments from a crippling $364 down to a manageable $58.

Complete transparency

We ensured all daily creditor contact stopped immediately and gave Belinda a clear, structured path to regaining control of her weekly cash flow.

Why this approach worked

Getting started is easy and straightforward

Reason 1

Immediate cash flow relief

By negotiating a Part 9 Debt Agreement, we successfully reduced the weekly repayments from $364 down to just $58. This instantly freed up $306 a week, completely transforming her day-to-day cash flow.

Reason 2

Stopping the cycle of debt

Instead of battling nine separate creditors and suffocating under 48% interest rates, there is now a single, affordable payment plan. This completely stopped the daily harassment and paused all interest, ensuring every dollar paid actually goes towards clearing the debt.

The result

Belinda successfully entered into a Part IX (9) Debt Agreement, experiencing immediate relief from relentless creditor harassment. The outcome paused the crippling 48% interest rates, reduced the overall debt amount by over half, significantly improved her weekly cash flow, and provided a stress-free framework to move forward.

Before
After
Improvement
Total debt
$17,811
$8,932
$27,622 total saved (inc. interest)
Weekly repayments
$364 per week
$58 per week
$306 weekly cash flow freed up
Creditor contact
Daily calls & SMS
Zero contact
Harassment stopped completely
Interest rates
Up to 48% p.a.
0%
Interest eliminated

Additional benefits

A comprehensive approach to your financial recovery

Immediate legal protection from creditor harassment, phone calls, and SMS messages

Complete pause on high-interest charges, including predatory payday loans

Significantly improved weekly cash flow to cover daily living expenses comfortably

A realistic, legally binding timeline to become completely debt-free

Why choose Revive Financial?

Australia’s #1 trusted financial recovery service, working for you

4.9 / 5 rating

From over 4,900 reviews

39,000+

Lives transformed

20+ years

Helping everyday Australians

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.

Anonymous
Verified

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

Tala
Verified

Very understandable when it comes situations, very easy and fast

Anonymous
Verified

Verry great would recommend

Stephen
Verified

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🙂

Maria
Verified
Google

Highly recommend if you find yourself in a financial rut. Shanel is super at her job and everything was completed promptly 10/10

Tom Stewart
Verified

First rate

Anonymous
Verified

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 ☺️

Ebony
Verified
Google

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.

Matt mcmahon
Verified

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.

Anonymous
Verified

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.

Nathan
Verified

Annika was so great to deal with! Very professional and very helpful! Would recommend her 100%

Anonymous
Verified

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.

Alec
Verified

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 .

Anonymous
Verified
Google

Amazing how simple the process was made Thank you Mason for taking the financial pressure of me

Laurie Wozniuk
Verified

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! ❤️

Monalisa
Verified

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

Richard
Verified

Ready to take the next step?

Your financial freedom journey starts with a single conversation. Let’s talk about your options