If your debts are mounting and debt serviceability is an issue, you may be on the brink of insolvency. You may have even considered bankruptcy as way out of trouble. There is an alternative with Debt Agreements.
A debt agreement is a flexible alternative to bankruptcy and can assist you to make your debt more manageable. A proposal between you and your creditors, an agreement is created concerning the repayment of your debts.
A debt agreement allows you to negotiate with your creditors a better financial arrangement. You must prepare an achievable and sustainable offer to your creditors and they must agree to the proposal in order for the debt agreement to be initiated.
Future Assist staff can once again assist with this process.
A debt agreement is a way of securing lower repayments and reduced debts. There are certain eligibility rules to debt agreements in terms of income level and debt level. At Future Assist Financial Services, we can see if you are eligible for debt agreements and act on your behalf in negotiation with creditors to secure debt agreements for you.
To find out more about Debt Agreements, contact us for an obligation-free consultation and Free Debt Consolidation Assessment. Our friendly team is ready to answer any of your queries. We’re here to assist you in securing your financial future.