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
Yes. From the moment my debt payment plan was approved, my experience with Revive Financial has remained very positive. Their case managers understand the human side of financial hardship and are always considerate, supportive and willing to discuss alternative arrangements when needed. The flexibility and consistency of their payment arrangements gave me the opportunity to stay on track and ultimately pay off my debt. I genuinely appreciate the support I received and would highly recommend Revive Financial to anyone experiencing financial hardship and looking for a compassionate and flexible service. Keep It Up
Revive are very good to work with always ringing to find out or to tell me how things are going very easy to understand
Connie was soooo amazing during my whole experience thus far, getting things for me sorted so promptly and speedy hasn't gone unnoticed. She a gem and really showed compassion in my situation which I was ashamed of but she is such a nice human (talked about our kids and lifes ups and downs) and it is nice to know that you do get the human touch when you are in difficulties at Revive Financial.
Amazing service
Extremely informative and clear on the process, impeccable phone manner and caring in nature
I reached out to Revive Financial a few weeks ago for help with my financial situation. I got paired up with Nick and i cannot say enough good about how helpful and professional he has been. He has handled my case from the beginning and made the whole process absolutely stress free. He responds quickly to any questions, provides regular updates, helps in any way possible and is a pleasure to work with. Thank you Nick for all your help and thank you Revive Financial. If you’re on the fence about reaching out for help with your financial situation don’t be. Reach out and they’ll make the process easy and stress free.
I’m happy that my case was handled properly and efficiently. Thank you so much. Annika Hamilton was so patient and accommodating. I a happy to refer Revive Financial to my friends and colleagues if they needed one. Many thanks. More power to your company. Much appreciated.
I would highly recommend Nick Smith from Revive Financial. Seeking help through a financially tough time he was nothing but supportive, and non judgemental, very on top of every detail and super efficient. Thanks Nick!
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
I had the pleasure of dealing with Connie Vargas she was exceptional 100 star rating✨️She explained the whole process thoroughly, friendly and very patient thank you Connie for your help very much appreciated🙂
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.
Great friendly and helpful service 👌
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
very easy to contact and very fast response
Very easy to chat with and helped me understand everything i needed
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.
Related articles
