How Donna managed her $17,000 debt and avoided Bankruptcy
Donna’s story
Facing reduced household earnings while assisting her adult son with his mental health, Donna accumulated $17,000 in debt. Unable to refinance and ineligible for a Part IX Debt Agreement due to a prior bankruptcy, she wanted to avoid filing for bankruptcy again. We secured a 5-year Informal Arrangement, providing an affordable payment plan.
Age
57-year-old
Employment status
Full-time employed
Location
Victoria
Household type
Married, assisting adult son
Employment
Administration manager
The challenge
Despite her stable career as an Administration Manager, reduced household earnings and the vital need to support her son left Donna trapped with mounting debt and limited options.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
The result
Donna successfully executed an Informal Agreement, experiencing immediate financial relief and peace of mind. The outcome eliminated the threat of a second bankruptcy, ceased all creditor harassment, and provided a realistic, stress-free framework to become debt-free.
Keeping the workshop open
When COVID hit, John’s mechanic workshop suffered a severe downturn, leaving him with $113,000 in debt across seven creditors. Unable to refinance and determined to avoid bankruptcy to protect his business and family, we negotiated a 5-year Informal Agreement – reducing his debt by 20% into a single affordable payment plan, keeping his business running and his livelihood intact.
Consolidating unexpected family debt
A change in employment left Emma struggling to support herself and her son through his mental health challenges, accumulating $17,000 in debt across four creditors. Unable to refinance and determined to avoid bankruptcy, we set up an Informal Agreement that consolidated everything into a single, realistic repayment plan – protecting her property and keeping her finances on track.
How John managed $113,000 in debt and protected his mechanic’s workshop
How Simone resolved her failed business debts and cut repayments by 50%
How Darren went from 109 years of debt repayments to just 5.5 years
What our customers are saying
i think revive financial have been awesome for me nic the person i have been dealing with was very helpful helped me thru the whole process explained everything i needed to know and i was very pleases to have someone like him expaining and helping me thru the process i thank him very much……feeling happy graeme
So s o lovely and helpful ☺️
Francis Borinaga Was amazing.
They were extremely and ran me through every step of the way
Very helpful consolidating my bills into one. Very happy with the final outcome of being debt free. They helped me make repayments more affordable.
Very happy with my outcome Nick was very helpful taking me step-by-step which made it very easy thank you Nick for helping me
Very understandable when it comes situations, very easy and fast
Verry great would recommend
The staff at at Revive Financial were amazing and helped me through a very tough time. At any time where I needed information or just checking how everything was going, they were always so nice and understanding. My debt has been finalised and it feels great, the whole procedure was so easy and they took care of everything for me and I’m so grateful🙂
Highly recommend if you find yourself in a financial rut. Shanel is super at her job and everything was completed promptly 10/10
First rate
Mason has been so incredibly helpful and knowledgeable on getting me the best financial experience possible. She’s helped relieve majority of my financial stress during this hard medical time in my life. Thanks Mason ☺️
I found it a pleasure to get my financial struggles sorted the team who took the time to help me where very helpful and kind thanks revive financial.
Michelle Szabo has been amazing. She took control of everything for me and finally I can sleep at night knowing I have a commited plan in place.
Absolutely top tier, I even wrote them off as a another fraud company, they went above and beyond to prove me wrong and I’m super stoked that they did and Ben my contact throughout the entire process was just an absolute legend. I couldn’t thank them enough.
Annika was so great to deal with! Very professional and very helpful! Would recommend her 100%
Best decision I've ever made. I am finally debt free!! Thankyou for your ongoing support, I genuinely couldn't have done it without you. If you're looking for a sign, this is it.
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