A Debt Agreement can be a solution to help you through a tough period of financial pressure. As Debt Agreements enable payment arrangements over several years, they can remove the immediate financial pressure you are experiencing and remove your worry about losing your valued assets, like your home.
If you are considering a Debt Agreement my advice is to not rush into a Debt Agreement – take a step back, identify your options for resolution of your financial problem and then choose the path that works best for you. A Debt Agreement can be a good option but is not your only option.
Before deciding on a Debt Agreement, it is important you understand both the positive and negative implications for you if you enter into a Debt Agreement.
You are welcome to give me a call on 1300 060 122 to discuss what options are available and how a Debt Agreement could work for you. I will give you my honest opinion without obligation.
Essential Criteria for Debt Agreements to Work
For a Debt Agreement to work you must be able to afford the payments you will be required to make.
It is important you approach a Debt Agreement knowing what you will need to do for your Debt Agreement to work. You will not be released from your debts until you have fully completed your Debt Agreement, so you must go into a Debt Agreement being confident that you will be able to complete it.
My recommendation is to not entertain a Debt Agreement unless you have secure employment with reliable income and will be able to afford to live and make the payments required by the Debt Agreement. A Debt Agreement should not leave you struggling to live.
If you would like to have a chat about Debt Agreements, give me a call on 1300 060 122 or email: firstname.lastname@example.org, and I will give you my thoughts.