What is the Difference Between a Part IX (9) Debt Agreement and an Informal Agreement?

If you are unable to pay off your debts, a Debt Agreement is an affordable option that allows you to reduce your debts and avoid the long-term effects of Bankruptcy. There are two types of Agreements: A Formal Part 9 Debt Agreement (DA) and an Informal Agreement (IA).

Part IX (9) Debt Agreement Consequences

Some debt relief solutions in Australia come with consequences and restrictions. If you want to find a debt relief solution to improve your situation you should weigh up the pros and cons of each option. We have provided a summary of Part 9 Debt Agreement consequences.

Credit Cards and Buy Now Pay Later Services: What Method is Best?

A new interest free credit card has been announced in competition to other credit services. Find out which method is best before you commit.

JobKeeper and JobSeeker Supplement payments are ending – How will it affect you?

Currently receiving JobKeeper or JobSeeker Coronavirus Supplement payments? How will you budget when they stop in March? Here’s what you need to know.

The Ultimate Guide to Dealing with Debt Collectors

Our ultimate guide will go through everything you need to know about debt collectors and the best way to deal with them.

Rent vs Buy: The pros and cons post-pandemic

Rent vs buy: it’s the big dilemma of our generation. Is rent money really dead money? And what are the pros and cons of each in Australia’s post-pandemic climate?

Life After a Part IX (9) Debt Agreement: Celebrating Your Fresh Start

A Part 9 Debt Agreement discharge is your chance for a fresh financial start. Your debts are repaid, your financial slate is clean and you are in a position to start over.

Credit Card Debt in Australia: An Infographic

Credit card debt in Australia: 32 billion reasons to cut up your credit card.

How to Stop a Garnishee Order

Having a Garnishee Order issued against you can be a nightmare, which is why it’s best to seek professional help as soon as possible.

The Effects of Personal Insolvency on Your Credit Score

If you have unmanageable debt and your weekly income doesn’t cover your day-to-day living expenses, you might be facing personal insolvency. Personal Insolvency is defined as a situation where you are unable to pay your debts when they fall due.