Services
Debt Crisis Solutions is committed to providing at no cost to you an initialFREE and independent analysis of your particular financial circumstances. We first compile a list of all your debts, assets and income, before completing a detailed analysis and come up with a solution best suited to your personal circumstances.
The solutions vary from basic budgeting advice to:
- Informal arrangements with creditors.
- Consolidation loans
- Debt Agreements (Part 1X)
- Personal Insolvency (Part X)
- Bankruptcy Solutions
Free Debt analysis
Free Initial 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 to find the best solution to your debt situation. We understand the stress and embarrassment you can experience. 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 at DCS really understands what you are going through and will provide independent initial free advice with a full range of solutions.
Your first consultation is free and wihtout obligation.
Debt Restructuring
Debt restructuring is when you change the terms or method of paying your debts. This can be done be re-negotiating the repayment arrangement or re-structuring your borrowings.
DCS regularly deals with lenders and are able to felicitate restructure of existing borrowings.
Consolidation Loans
The consolidation of all your debts into one loan with single easy monthly payment can provide the answer in some instances to a drowning in debt problem subject to your debt level and income.
If a loan consolidation 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 researches the market along with its professional partners to come up with loans that best suit the client. DCS have access to a number of financers who may be of assistance in this reguard.
Creditor/Summons Negotiations
Don't wait for the Bailiff to visit or Debt Collector to call. You can authorise a mediator to productively negotiate a solution on your behalf with your creditors before assets are seised 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 often be negotiated based on what you can afford and without the need for you to incur further legal and recovery costs.
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:
- Meeting your current financial needs and future requirements.
- Help you prepare for income shortages and emergencies.
- Help you develop spending and savings habits that are not reliant on credit.
- Provide you peace of mind knowing debt collectors are not phoning.
Part IX
Debt Agreements (Part IX 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 DAA 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 these debts.
Personal Insolvency Agreements (Part X)
Formal Arrangement (Part X under the Bankruptcy Act 1966)
A Part X arrangement is a formal proposal by debtor to come to an arrangement with creditors for finalising debts.
A formal arrangement begins when you authorise a trustee 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 Solutions
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.