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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I recieved amazing help from Sharon. She helped me combine all my debt and work out a repayment that worked best for me. As a stay at home mother of 2, struggling to find work while studying, this has been a massive relief off my shoulders
Had the best experience with Jordyn, she has been so helpful and so easy to deal with. She really made something that seemed so hard feel so easy. 10/10 recommend
I am extremely satisfied with the service Kylie provided. When I first came to you, I was struggling feeling frustrated, depressed and carrying so much stress. There were times during this past month that I felt like giving up, going through so much left me with little energy or drive to keep gathering documents and moving forward. But I am so deeply grateful Kylie was there every step of the way. She patiently guided me, walked me through every part of the process, and gave me 100% support exactly when I needed it most. Thanks to her care and dedication, I was finally able to get everything sorted and signed off today. I truly recommend this service to anyone needing help. Thank you so much, Kylie Bennison keep up the amazing work! Honestly, you deserve a gold medal for the difference you’ve made. I appreciate you more than words can say 🙏🏽✨
In particular I want to single out Connie for being kind and empathetic during this process.
Warranee was extremely helpful. Answered all my questions and made me feel at ease.
Sharon was so helpful through the whole process and made it so easy.
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Great communication,
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Insanely supportive and helpful company. They’ve made the process super easy and fair, and have created a very manageable outcome. Mason and Ruth specifically in my case have both exceeded high levels of customer service.
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I really enjoyed my experience. Anette was incredibly helpful, friendly, and made everything easy to understand. They took the time to answer all my questions and provided excellent support throughout the process.
Fantastic service great help could not have done it without the whole team best choice i ever made thanks everyone that helped me achieve my debt free life
Understandingly considers real life circumstances and addresses personal situations with a target approach. Questions are well defined and realistic. Provides a great customer service with reliable and friendly staff. I highly recommend Revive Financial to anyone seeking financial assistance. Thanks
Connie has been so amazing to work with. She is so approachable and understanding and has made this process so smooth. She has helped above and beyond especially over the past 4 weeks with a traumatic experience I have been going through. I couldnt have done any of this without her support.
Very easy process and very helpful customer service!
