Services
Debt Crisis Solutions Business
Debt Crisis Solutions is committed to providing at no cost to you FREE an independent analysis of Your particular financial circumstances. We first compile s list of all your debts, assets and income, before completing a detailed analysis before coming up with a solution best suited to your personal circumstances.
The solutions vary from basic budgeting advice to:
- Informal arrangements with creditors.
- Consolidation loans
- Part 1X preparation assistance
- Part X preparation assistance
- Bankruptcy preparation assistance.
Free Debt analysis
Free Advice - Best Advice
Yes- that's right everyone at some time experiences financial problems You are not alone.
Debt Crisis Solutions has a simple goal helping you find the best solution to your debt situation. We understand the stress and embarrassment you are experiencing because you are not alone as we are hearing and dealing with clients debt problems every day and have been for many years.
The person you will be talking to really understands what you are going through and will provide independent free advice with a full range of solutions.
Your first consultation is free.
Debt Restructuring
Debt restructuring is when you change the terms or method of paying your debts. This can be dome be re-negotiating the repayment arrangement or re-structuring your borrowings with a financier to source funding to clear the debt in full.
Consolidation Loans
The consolidating all your debts into one easy monthly payment can provide the answer to a drowning in debt problem subject to the debt level and income.
If a loan consolidation solution proves to be the best solution it must be undertaken in conjunction with an ongoing budget program in order to fully benefit from the exercise.
Debt Crisis Solutions research the market along with its professional partners to come up with the loan that best suits you the client at no cost.
Creditor/Summons Negotiations
Don't wait for the Bailiff or Debt Collector to call. You can authorise a mediator to negotiate a solution on your behalf with your creditors before assets are seized from your possession. The mediator will talk to your creditors including Banks, Credit Unions, Finance Companies, Store accounts or Business/Trade suppliers. Revised arrangements can be negotiated based on what you can afford.
Credit/Debt Management (Budgeting)
Budgeting is the ongoing process of controlling your income, expenses and credit. You are not alone many people find it impossible to budget. A budget can assist you accomplish:
- Meet your current financial needs and future requirements.
- Help you prepare for income shortages, emergencies and credit.
- Help you develop spending and savings habits that's not reliant on credit.
- Provide you peace of mind knowing debt collectors are not phoning.
Part IX referral assistance
Debt Agreements (Part 1X under the Bankruptcy Act 1966)
This is a legal and binding way of coming to an agreement with your creditors. A repayment arrangement is negotiated by your Mediator with your creditors. A Debt Agreement puts all of your unsecured bills into one interest free payment arrangement. Legal action is frozen and it may be possible to negotiate a lesser amount as full and final settlement of the debts.
Part X referral assistance
Formal Arrangement (Part X under the Bankruptcy Act 1966)
A Part X arrangement is a formal proposal by debtors to come to an arrangement with creditors for finalising debts.
A formal arrangement begins when you authorise a private bankruptcy trustee. ITSA or an eligible solicitor by signing an authority under section 188 to call a meeting of creditors to consider an arrangement for dealing with your debts.
Bankruptcy referral advice
Bankruptcy is a process where people who cannot pay their debts or come to satisfactory arrangement with their creditors, receive the protection of the Bankruptcy Act.
BAS/Taxation Overdue
Don't be caught with unpaid BAS or Tax. The Australian Taxation Office is taking a tough stance with individuals and business that elect not to pay their Taxation liabilities. Debt Crisis Solution has access to a dedicated team who are focused on delivering a solution for dealing with the ATO demands. If you would like to speak to one of our advisers for further information contact us on (08) 9204 2900 or complete the inquiry form.