How a former café owner eliminated tax debt and kept their family home
Scott’s story
After the heart-breaking liquidation of his café, Scott was pursued personally by the ATO for an unmanageable $187,610 tax debt. Unemployed and terrified of losing the house he shared with his wife, the pressure was immense. We assisted Scott with declaring bankruptcy to eliminate the crushing debt, while strategically helping his non-bankrupt spouse refinance their property to purchase his interest. This expert intervention successfully retained their family home and provided a fresh start.
Age
61 years
Employment status
Unemployed
Location
Brisbane, Queensland
Household type
Married
Employment
Former business owner
The challenge
Despite years of hard work building his business, the liquidation of Scott’s café left him with zero income and a massive tax burden that threatened his family’s future.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
The result
Scott successfully navigated bankruptcy, experiencing immediate relief from aggressive ATO pursuit. The outcome eliminated a six-figure tax debt, saved the couple roughly $50,000, and most importantly, secured their family home for their retirement years.
Protecting assets through bankruptcy
After his business failed and went into liquidation, Leigh was left with $60,000 in personal debt and at risk of losing his home and vehicle. Standard options weren’t enough to protect his assets. We arranged a bankruptcy solution with a deed of forbearance, wiping over $45,000 in debt while keeping his home and vehicle safe.
Clearing debt before retirement
After years of hard work, Peter found himself overwhelmed by nearly $130,000 in personal loans he could no longer manage on his own terms. With no property assets and retirement on the horizon, bankruptcy was the right path forward. We guided him through the process, wiping over $66,000 in debt and leaving him with a single affordable fortnightly payment – giving Peter a clear runway to save for retirement.
How Leigh wiped $45,000 in debt and kept his home
How Peter wiped $66,000 in debt and secured a fresh start for retirement
How Sarah reduced her debt by $25,000 and avoided Bankruptcy
What our customers are saying
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Thanks for your help was helping me out with debt am was struggling financially sistuation
My customer service specialist was very knowledgeable and supportive. She was very understanding and compassionate to my circustances. Sharon was extremely helpful and supported me through the entire process.
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.
Very easy to deal with. Went above and beyond to help my situation. Would highly recommend.
Great communication,
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