How Leigh wiped $45,000 in debt and kept his home
Key results at a glance
Leigh’s story
Leigh
VictoriaAfter placing his company into liquidation, Leigh was left with $60,000 in debt and faced losing his home and vehicle. We facilitated a bankruptcy solution with a deed of forbearance, allowing him to make affordable payments while protecting his assets.
Age
Unspecified
Employment status
Unemployed
Location
Victoria
Household type
Unspecified
Employment
Former business owner
The challenge
Despite his hard work as a business owner, the liquidation of his company left Leigh trapped in an unmanageable financial situation with his most valuable assets on the line.
Business liquidation
The closure of his company abruptly halted his standard income and left him solely responsible for $60,000 in lingering debt.
Asset risk
He faced the immediate and severe threat of having his primary residence and vehicle seized by creditors.
Limited equity
With less than $10k in home equity, finding standard refinancing or consolidation loans was virtually impossible.
Financial uncertainty
Without a clear path forward, the sheer volume of debt and threat of asset loss created an overwhelming burden.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
Why this approach worked
Getting started is easy and straightforward
Massive debt reduction
By navigating the bankruptcy process strategically, over $45,000 of Leigh’s overwhelming debt was completely wiped out, effectively reducing his total obligation to just ~$15,000.
Asset preservation
Instead of losing everything he had worked for, the deed of forbearance allowed Leigh to manage an affordable payment plan. He entirely avoided the seizure of his home and vehicle, securing his foundation for the future.
The result
Leigh successfully executed his bankruptcy agreement and is now officially discharged. By pairing the process with a deed of forbearance, he experienced immense financial relief – wiping out over $45,000 in debt while successfully retaining his home and vehicle for a fresh, stress-free start.
Additional benefits
A completely fresh financial start following a stressful business liquidation
Immediate legal protection against aggressive creditor harassment and asset seizure
Mental clarity and restored peace of mind, knowing his home is safe
The ability to rebuild financial stability and focus on the future with a clean slate
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Staff truly care, answer every question, even the ones you didn’t think of. If you’re struggling with debt they’ll get your financial health back on track and you’ll feel like you can take control of your finances again. Incredible work, Francis has been great throughout my entire debt agreement and even now my debt Francis made sure I felt comfortable to approach them again if I need anything. 10/10
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Very friendly and easy to deal with. I was feeling very overwhelmed and Revive helped me put my finances back into manageable payments.
Cassandra has been fantastic to deal with and has made the process as seamless as possible. At a time when things felt completely out of my control, I greatly appreciated Cassandra’s assistance and genuine care and understanding.
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Excellent customer service all the way from start to finish. Thank you very Mr Nick Smith. Will for sure recommend this company and its services & products. Kindly. Jack
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I came to them 3 years ago, lost, in debt and didn’t see a way out. They immediately helped me and supported me. My repayments were tailored to my situation and they helped lower my cost phenomenally. Today I’ve finally finished with Revive a new person without debt due to their support and I can’t thank them enough and my financial future is looking very positive thanks to Revive. A big thank you to everyone who has helped me over these 3 years and a big shoutout to Francis for taking over my case and ending it with a positive note.
Very polite, clear, and understanding. Helped usbin a difficult situation
Very caring, helpful and efficient. Nothing was a problem Extremely supportive and payments were tailor made.
Jordyn was so helpful and caring during this process. Reaching out for help was the best thing I have done the constant stress & sleepless nights worrying about overdue bills is now being resolved.
They were really helpful and hands on whenever you needed someone to talk to .
I had Joseph as my person who helped me through it all he was always really nice and helped me with everything any time I needed it I’d recommend this dept consolidate to any one in financial hardships as it as allowed me and my partner to move out on our own and start our lives can’t say anything bad about revive financial
I highly recommend 👌 Georgia was absolutely brilliant and amazing how helpful and efficient she was in helping me throughout the whole process! Thankyou kindly.
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I highly recommend Revival Financial . The whole process was quick , easy and stress free. A special mention to Kylie, who has been absolutely wonderful , she is extremely supportive & always takes the time to explain everything clearly. Her communication has been excellent throughout and I always felt informed & comfortable with each step of the process .Thank you Kylie & team at Revival for making what could have been a daunting process feel so simple & manageable .Fantastic service from start to finish !
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