Your Options

Once have a completed financial statement, your options depend on the amount on money left over after you have allowed for essential living costs. If you have any priority debt arrears, by which we mean with your mortgage, rent, rates, child support payments etc, we would recommend that you contact us straight away.

If left with a minus figure or very little left over;

We would recommend that you contact us straight away for advice. Making token offers may be a temporary solution.

OR

If left with some money left over;

Depending on the amount you have available and your personal circumstances, a Debt Management Plan, and Individual Voluntary Arrangement or Bankruptcy may be an option.

OR

 
Enough left to pay minimum payments but still struggling

If on your financial statement it appears that you can afford your minimum payments but you are still struggling you may need some budgeting or financial advice. Click here to visit the budgeting page or contact us to get a second opinion on your financial statement.