Australian Debt Counsellors
Debt Collection in Launceston

With professional staff on hand to help you with any equerries we are dedicated to help you with your financial needs. Specialising in arrangements with creditors, bankruptcy advice, mortgage refinancing.

Credit cards, personal loans, place cards many of us have them, but what can you do when you are struggling to confront your commitments to your creditors? Finding it hard to pay your creditors on time? Struggling to pay your personal loans and credit cards? Having trouble with debts incurred through gambling? Is no longer sustainable and needs to be closed down? Australian Debt counselors provides a range of services to people experiencing financial difficulty, including. Many people considering bankruptcy and some already bankrupt but considering an premature depart need the assist and advice of professional services available. However, in some circumstances bankruptcy can be an effective way of dealing with unmanageable debt. It is crucial to obtain advice on how bankruptcy will affect you relative to your financial position prior proceeding. Generally bankruptcy will not affect a persons' ability to continue to be employed. Note: It is urgent to gain advice relative to YOUR financial position earlier proceeding with bankruptcy or any other type of administration below the Bankruptcy Act. Cannot pay their debts as and when they fall due) can propose a debt agreement. The debt agreement is based on your financial position, payments made below the agreement are made on what you can best donate your creditors, rather than what creditors require you to pay. Is a debt agreement the equivalent as bankruptcy? It should be noted that an Informal Arrangement does not yield the same protection as other types of services provided by Australian Debt counselors such as Segment IX debt agreements, bankruptcy or referrals for those wishing to enter into a Personal Insolvency Agreement. There are no threshold requirements in terms of a persons' income, assets and liabilities as is required in a Piece IX debt agreement. Entering into a BIA is an act of bankruptcy. For further information on the personal insolvency system of Australia: For further information on the corporate insolvency system of Australia: When an act of bankruptcy occurs a creditor can apply to the court to bring proceedings against a person to make them bankrupt by way of a Creditors Petition. A person who cannot pay their debts as and when they become due and payable is insolvent. A provable debt is a debt that can be included in an administration i.e. Piece IX debt agreement, Personal Insolvency Agreement or Bankruptcy affords a person does not relate to a non provable debt. OR total the form lower and we will be in touch as soon as possible. Looking for our offices?.