How John managed $113,000 in debt and protected his mechanic’s workshop
John’s story
John's mechanic workshop suffered a business downturn due to COVID, resulting in $113,000 in unsecured debt across 7 creditors. Unable to refinance and wanting to avoid bankruptcy to save his business, we secured a 5-year Informal Arrangement. This provided an affordable payment plan, allowing him to keep his business running and support his family.
Age
53-year-old
Employment status
Full-time employed
Location
Queensland
Household type
Married, two children, renting
Employment
Business owner
The challenge
Despite running a previously successful business, an unforeseen economic downturn left John trapped in an unmanageable debt cycle with multiple creditors.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
The result
John successfully executed a 5-year Informal Arrangement, experiencing immediate financial relief and peace of mind. The outcome eliminated the threat of bankruptcy, protected his family’s assets, and provided a realistic, stress-free framework to keep his mechanic’s workshop open and profitable.
Avoiding a second Bankruptcy
Supporting her adult son through health challenges left Donna with $17,000 in debt. A past bankruptcy made her ineligible for standard debt agreements, and she urgently wanted to avoid filing again. We negotiated a 5-year Informal Agreement, immediately stopping collections and reducing her debt by 30% into a manageable payment plan.
Securing interest-free debt relief
A brief period of unemployment left Amanda struggling to manage $30,000 in mixed debts, made worse by the rising cost of living. With no path to refinancing, we negotiated directly with her creditors to secure a 5-year Informal Agreement – removing all interest and reducing her total debt by 30% into a single $110 weekly payment.
How Darren went from 109 years of debt repayments to just 5.5 years
How Amanda reduced her debt by 30% and regained financial stability
How Tracey managed 20 accounts on one affordable fortnightly payment
What our customers are saying
Easy to contact them and very helpful to know what the problem with your account.thank you for being patient.
So efficient, my adviser Joseph listened with empathy and helped me greatly with his advice and knowledge. Highly recommended to help anyone having difficulty with their financial troubles.
Revive Firnancial have been really helpful. I was going down the drain towards the big flood when Rivive came in to help with my loans and dont know how I was gonna thank them. Thank you.
Sharon helped me tremendously and I'm great full.
revive fanancial is a great company to help put all debts into the one repayment. They are friendly and fast acting if any questions through the process. Very helpful company to deal with. Highly recommend them
I cannot thank Georgia at Revive Financial enough for her help. She was incredibly understanding, empathetic and attentive throughout the entire process, while also being so efficient and quick to get everything moving. Having my debt consolidation approved has taken such a huge amount of stress and pressure off me, and Georgia made what could have been an overwhelming experience feel simple and manageable. I’m genuinely so grateful for her support and the way she handled everything. Thank you so much, Georgia!
Very professional and amazing service helped me beyond my expectations
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Very helpful and polite and positive communication.
Excellent Service Staff members was so helpful
Anette was always very kind and understanding which go a long way when your are under the financial stress and pressure coming from everything answered my calls straight away and always answered my questions in way that I could understand them
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Warranted has been amazing throughout the whole process, made every step simple and easy and very understanding
Connie is very professional and knowledgeable, gets onto it straight away, while keeping you informed at all times about the progress of your application. She listens has empathy and knows her work she is a professional through and through
I have had great help and support through the whole process so far
Revive Financial changed my life. I consolidated my debt, paid it down and now I’m debt free. Revive were easy to deal with, and even when there was an issue, a rep called me swiftly and we got it sorted.
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Sarah has been so helpful with the process of my application. I
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