How Dean halved his $83,000 debt and cut his repayment timeline from 7 years to 3
Key results at a glance
Dean’s story
Dean
QueenslandAfter his employer unexpectedly went into liquidation, Dean was left unemployed for three months. While trying to secure a new job as a Facility Manager, he relied on credit to survive, accumulating $83,105 in debt across six different accounts. We helped him consolidate his obligations into one affordable plan, significantly reducing his total debt and cutting his repayment timeline in half.
Age
32-year-old
Employment status
Unspecified
Location
Queensland
Household type
Single
Employment
Facility manager
The challenge
Despite securing full-time employment again, a sudden period of unemployment left Dean trapped with mounting debts and high weekly repayments.
Unexpected hardship
When his employer went into liquidation, sudden unemployment for three months severely impacted his cash flow.
Compounding expenses
Relying on credit to survive the job loss resulted in a massive $83,105 debt split across banks, financial partners, and payday lenders.
Multiple creditors
Managing six separate accounts, including high-interest short-term loans, made it incredibly difficult to get ahead.
Unsustainable repayments
Minimum weekly repayments were eating up $391 of his income, stretching his budget and keeping him in debt with a daunting 6.8-year repayment horizon.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
Why this approach worked
Getting started is easy and straightforward
Significant debt reduction
By setting up a Part 9 Debt Agreement, we successfully negotiated the total debt down from $83,105 to $41,850, instantly removing over $41,000 of financial burden.
Accelerated financial freedom
Instead of paying $391 a week for nearly seven years across six different accounts, Dean now makes a single $270 weekly payment, saving money and cutting his debt timeline down to just three years.
The result
Dean successfully entered a Part IX (9) Debt Agreement, experiencing an immediate drop in his weekly financial obligations. The outcome halved his total debt and provided a realistic, structured framework to become debt-free in a fraction of the original time.
Additional benefits
Protection from mounting interest and late fees across multiple accounts
Enhanced cash flow by significantly lowering weekly repayment commitments
Relief from the stress and administrative burden of juggling payday lenders and multiple creditors
A clear, legally binding timeline to become completely debt-free
Consolidating single mother’s debt
After losing her fiancé, Sarah was left with loans, mounting childcare costs, medical expenses, and the added pressure of COVID’s impact on the farming industry – leaving her $40,000 in debt across five creditors. As a single mum working full-time, she was exhausted from juggling it all alone. We consolidated her debts into a single affordable plan through a Part 9 Debt Agreement, reducing her total debt by $25,000 and helping her avoid bankruptcy.
Protecting the family home
When serious health complications forced Mark to reduce his working hours, medical costs piled on top of his mortgage and family expenses, leaving him with over $46,000 in debt across four creditors. Worried about losing his home equity, we set up a Part 9 Debt Agreement to consolidate everything into a single affordable payment, reducing his total debt by $17,000 and protecting his family home.
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What our customers are saying
Very helpful and eased a lot of my financial stress
The folks here have been very helpful. I couldn't be happier.
Thank you to Sarah who was amazing through the whole process
The stress lift was instant, the only mistake was me , i should have reached out sooner , life changing . THANK YOU THANK YOU
All relativlly smooth
Revive Financial are a professional company, providing excellent services and advice. Their staff are friendly and providing excellent financial reviving services.
Revive financial were magnificent in the way that they were able to sort everything out for me and all the support and help throughout. If you ever need assistance please I thoroughly recommend them.
Amazing customer service and made the whole situation so easy for me, do reccomend
I found the process a bit overwhelming but was put at ease, with the service I received. I thought it would be a difficult process but with a lot of guidance and patience from Revive the overall experience was great.
I honestly can’t thanks Cloe night, she was patient, caring and thorough. I felt supported and that she really cared! This has changed my life, I no longer have the stress of where I will find the money to pay my debts! Thank you from the bottom of my heart 🙂
Sarah has been very helpful and quick with responding great to work with
I cannot thank Revive financial enough for their life changing help. From the very first phone call, Nick Smith was incredible empathetic , patient and professional. They took away the crushing weight of my debt and made me feel cared for rather than judged. Highly recommended Revive financial and Nick Smith😊
Really positive experience. Very helpfulful and my many question were always answered very fast
I can’t recommend Revive highly enough. Before contacting them, I felt like I was drowning in debt and had no idea where to start. The stress was overwhelming, and I was embarrassed about my situation. From the very first conversation, the team made me feel comfortable and never judged me. They explained everything in simple terms and made the whole process incredibly easy to understand. What I thought would be complicated and stressful turned out to be straightforward and manageable. The biggest surprise was how quickly the weight started to lift off my shoulders once I had a plan in place. The process wasn’t embarrassing at all—in fact, it was a huge relief talking to people who genuinely wanted to help. If you’re struggling with debt and feeling overwhelmed, don’t put it off. Reaching out to Revive was one of the best decisions I’ve made
Cloe was amazing
Staff are friendly and very helpful. Got me through a tough financial time …. Highly recommended
Outstanding Customer Service
Mason was incredibly amazing and so understanding. It made everything go so much smoother
They are fantastic to work with. Efficient and professional with caring about your situation. Every step of the way is explained and you feel like you're able to breathe again. Great 👍
