How Dom wiped $52,000 in debt and kept his motor vehicle
Dom’s story
After operating as a company and then a sole trader for four years, Dom accumulated $130,000 in debt, primarily owed to the ATO. Unable to manage the mounting tax liabilities, he closed his business and transitioned to PAYG employment. Despite the career change, the historical debt remained unmanageable. We helped Dom set up a Personal Insolvency Agreement (PIA) to consolidate his obligations into an affordable weekly repayment plan, protecting his motor vehicle and allowing him to start fresh without the stress of ATO debt.
Age
Unspecified
Employment status
Full-time employed
Location
Queensland
Household type
Unspecified
Employment
PAYG employee
The challenge
Transitioning from business ownership back to a PAYG wage left Dom trapped by legacy business debts that were impossible to clear on his new income.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
The result
Dom successfully executed a Personal Insolvency Agreement, experiencing immediate financial relief. The outcome eliminated the threat of bankruptcy, saved his motor vehicle, and provided a realistic, stress-free framework of single weekly payments to finally clear his name and start again.
Halving severe business debt
When Michael’s business collapsed in the wake of COVID, he was left with $133,000 in debt across the ATO, credit cards, and personal loans. After attempts to negotiate directly with creditors failed, we structured a Part X Personal Insolvency Agreement – allowing him to retain his vehicle, avoid bankruptcy, and settle his debt at just 50 cents in the dollar.
Wiping extreme tax debt
When Kelly’s sole trader tiling business left her with nearly $350,000 in ATO tax debt, losing her home, vehicles, and livelihood felt inevitable. Standard options weren’t viable, and bankruptcy would have ended her business entirely. We structured a Personal Insolvency Agreement, wiping 60% of her debt into a single affordable weekly payment – letting her keep her property, her vehicles, and her business.
How Kelly wiped over $215,000 in ATO debt and protected her home and business
How Michael halved his $133,000 debt and avoided Bankruptcy
How Emma managed her $17,000 debt and avoided Bankruptcy
What our customers are saying
I can’t thank you guys enough for the great service that i have received from you guys and it’s been hassle free and you guys have given me the opportunity to change my life and have helped me out when ever there’s been a problem thank yo
Nicole has been amazing to deal with at Revive finance! Super helpful and very patient! 10/10 recommend if your having financial issues!!
Joseph at Revive Financial was fantastic and understanding. I was battling Debt I could never seem to get on top off. My financial situation was dire with no near solutions. I can now see a much healthier and brighter financial future with the ability to save . This will change my life.
Very accommodating people really found a solution to all my problems
Team were amazing and patient throughout the whole process and made everything so easy. Really appreciate all their help and everything they are doing.
Very helpful.
Revive and especially Warranee were extremely helpful and professional.
Excellent service
Michelle has been absolutely wonderful throughout the entire process. She has been incredibly helpful, professional, and informative, always taking the time to explain everything clearly and answer any questions I had. Her patience, knowledge, and genuine care made what could have been a stressful experience so much easier. I truly appreciated her support and outstanding customer service. I highly recommend Michelle to anyone looking for someone who goes above and beyond. Thank you so much!
Quick & surprisingly easy
Annika was absolutely amazing. She helped me through the process and explained everything to me. Annika has been keeping me up to date with all that is happening. I can’t recommend them enough.very happy customer
I had a fantastic experience with Revive Financial. The team was professional, knowledgeable, and incredibly supportive throughout the entire process. They took the time to explain everything clearly, answered all of my questions, and made what could have been a stressful situation feel much more manageable. What really stood out was their honesty, responsiveness, and genuine commitment to helping me achieve the best outcome. I always felt informed and confident that my best interests were their priority. I highly recommend Revive Financial to anyone looking for trustworthy financial guidance and outstanding customer service. Thank you to the whole team especially Jan for your support and dedication!
Thank you Sarah for all the help. I really appreciate it 🙏🏽 . You have taken a massive burden off my shoulders.
Most of you customer service are friendly very understanding especially one of one revive customer service name Bonnie she’s very understanding very helpful. She always advising me what kind of document I need to get and if I don’t know how to get she tried her best to explain to me the right way and how to get it. I am highly recommend revive to anyone who have a difficulty dealing with A payments.
Revive helped me free my dept they were very helpful from day one . I cant thank Revive enough. Im totally dept free thanks to Revive
Really helped me out when I was in a tough position. They helped me to sort out my creditors and then get back on my feet over a few years. Really easy to deal with, very fair offerings for their service and customer service is great. A big thanks to Charmaine for all her help the last couple of years, she’s been a pleasure to deal with!
Couldn’t be happier with revive financial! They were very helpful and made life a lot easier!
Because your helping me with my financial:) and getting me back on track
Caring and supportive team.
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