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Debt Relief Solutions

What are your options?

An informal arrangement

with your creditors is an option which will be offered to reduce your minimum monthly payments, stop interest and fees, request for moratorium till circumstances change. See if they can help with consolidation and have all your debts put under the one banner and still give you the opportunity to pay back your creditors. Not all creditors may accept this option, which may not solve your problem, if one creditor is still persisting at recovering all funds and not coming to the party of the informal arrangement.


Debt Consolidation

is an option which allows all debts to get consolidated under the one loan and you then will reduce your minimum monthly payments and have all your debts under the one banner which will give you the opportunity to pay back your creditors. Normally a debt consolidation loan is an unsecured loan, generally, no security is required to be able to apply for one. Generally all creditors will lend you a total of $30.000 to $40.000 if you can provide information that the loan will be affordable to you.


Mortgage Refinance

If you have an existing housing loan and have equity available in your home you may be able to use the equity to pay out your unsecured debts and refinance your housing loan to incorporate all of other debts and have the one monthly repayment.
Alternate Debt relief may be able to assist you with a mortgage refinance. We have a good working relationship with numerous lenders who may be able to provide you with a mortgage refinance to assist you. We can help you by finding out more information, each case is looked at individually.

If any of the above solutions do not qualify or are not suited to yourself, you have an option of lodging a PART IX Debt Agreement. For more information, click here or contact us on 0412 942 984 or click here to email us.