1800 534 534
4.9rating from over 2400+ customers

Take Control of Your Debt with a Personal Insolvency Agreement

A flexible, legally binding solution to settle your debts and move forward with confidence.

Why Choose a Personal Insolvency Agreement?

Designed to give you breathing room, protect what matters, and help you move forward with dignity.

Debt agreement

Reduce your debt and pay only what you can afford

Informal arrangement

Flexible payment plans negotiated with your creditors

Debt consolidation

Simplify multiple debts into one manageable payment

Bankruptcy

A fresh financial start when other options aren’t viable

One Simple Payment

Consolidate multiple debts into a single, manageable monthly payment.

Fresh Start

Once completed, you’re released from the included debts and can rebuild your financial future.

Benefits and Consequences of a Part IX Debt Agreement

  • Single Affordable Payment

    Combine unsecured debts into one manageable repayment. We believe in complete transparency. Here are the key factors to consider before proceeding.

  • Reduced Total Debt

    You may repay less than the full amount owed.

  • Interest and Fees Frozen

    Future interest on included unsecured debts is paused.

  • Protection from Legal Action

    Creditors cannot pursue further recovery once accepted.

  • Avoid Bankruptcy

    Provides a structured alternative to full bankruptcy while generally protecting assets.

  • Credit File Impact

    Listed on your credit file for up to 5 years (and recorded on the NPII).

  • Strict Payment Obligations

    Missing payments may lead to termination and possible bankruptcy.

  • Professional & Licensing Impact

    Some careers or licenses may be affected.
Screenshot 2025-12-18 133451

Frequently asked questions

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.

Questions About Your Situation?

Our specialists can provide personalized guidance on whether a PIA is right for you.

How the Process Works

Ready to take the first step?

Within 1 Day

Submit Application

Submit an online application to begin your Revive THP.

Less than 11 Days

Implement Solution

Upon submission we will seek a solution from your creditors within 21 days.

Within 3 Months

Take Back Control

We understand that financial difficulties can happen to anyone.

Why Choose Revive Financial?

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

4.9 / 5 Rating

from over 5000 reviews

25,000+

Lives Transformed

10+ Years

In experience

Real People, Real Results

See how we’ve helped Australians just like you take control of their debt and rebuild their financial future.

Sarah & Mike

Brisbane

Sarah and Mike were overwhelmed by debt—Revive helped them regain control and move forward.

Original Debt $85,000 ~8% Interest Rate
Settled For $45,000 Saved $40,000
1

The Problem

Accumulated $85,000 in credit card and personal loan debt after a business failure.

2

The Solution

Negotiated a 5-year PIA that reduced their debt by 47% and allowed them to keep their home.

The Outcome

Successfully completed their agreement in 2023. Now debt-free and rebuilding their credit.

Try our debt consolidation calculator

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Debt Type
Debt Amount
Interest
Repayment Amount
Repayment Frequency
Debt 1
Debt Type
Debt Amount
Interest
Repayment Amount
Repayment Frequency
Debt 2
Debt Type
Debt Amount
Interest
Repayment Amount
Repayment Frequency
Debt 3
Debt Type
Debt Amount
Interest
Repayment Amount
Repayment Frequency

Your Results

Debt Management Solution
$0
per Month
3 year term
Subject to eligibility and can be extended to a 5 or 7 year term dependent on individual circumstances.
Debt Consolidation Loan
$0
per Month
5 year term
Subject to eligibility and a customer’s financial circumstances.
Current Repayment
$0
per Month

Find Articles For Your Situation

Ready to take the next step towards financial stability?

Our ASIC-registered specialists are here to guide you through your options with compassion and expertise. Start your journey to financial freedom today.

Frequently asked questions

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse luctus justo dui, a ultricies lorem gravida et. Vivamus in facilisis diam, non vestibulum tellus. Quisque auctor elit at lectus eleifend bibendum. Praesent non erat tristique quam vehicula tincidunt. Fusce vel commodo elit. Curabitur eget suscipit neque. Suspendisse bibendum felis eu.