FORMAL DEBT SOLUTIONS
1) Debt Agreement
An alternative to bankruptcy, a formal legally binding debt agreement is where your creditors accept a plan to repay an amount over a set period of time that you can reasonably afford.
2) Personal Insolvency Agreement
A personal insolvency agreement is a formal, legally binding arrangement that is between you and your creditors to satisfy your debts. The arrangement could consist of a contribution of your income over a period of time or an assignment of your assets
3) Bankruptcy Assistance
Bankruptcy should only be considered as a last resort once all other options have been considered. We recommend you talk to us first to explore all other options