How Dom wiped $52,000 in debt and kept his motor vehicle
Dom’s story
After operating as a company and then a sole trader for four years, Dom accumulated $130,000 in debt, primarily owed to the ATO. Unable to manage the mounting tax liabilities, he closed his business and transitioned to PAYG employment. Despite the career change, the historical debt remained unmanageable. We helped Dom set up a Personal Insolvency Agreement (PIA) to consolidate his obligations into an affordable weekly repayment plan, protecting his motor vehicle and allowing him to start fresh without the stress of ATO debt.
Age
Unspecified
Employment status
Full-time employed
Location
Queensland
Household type
Unspecified
Employment
PAYG employee
The challenge
Transitioning from business ownership back to a PAYG wage left Dom trapped by legacy business debts that were impossible to clear on his new income.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
The result
Dom successfully executed a Personal Insolvency Agreement, experiencing immediate financial relief. The outcome eliminated the threat of bankruptcy, saved his motor vehicle, and provided a realistic, stress-free framework of single weekly payments to finally clear his name and start again.
Halving severe business debt
When Michael’s business collapsed in the wake of COVID, he was left with $133,000 in debt across the ATO, credit cards, and personal loans. After attempts to negotiate directly with creditors failed, we structured a Part X Personal Insolvency Agreement – allowing him to retain his vehicle, avoid bankruptcy, and settle his debt at just 50 cents in the dollar.
Wiping extreme tax debt
When Kelly’s sole trader tiling business left her with nearly $350,000 in ATO tax debt, losing her home, vehicles, and livelihood felt inevitable. Standard options weren’t viable, and bankruptcy would have ended her business entirely. We structured a Personal Insolvency Agreement, wiping 60% of her debt into a single affordable weekly payment – letting her keep her property, her vehicles, and her business.
How Kelly wiped over $215,000 in ATO debt and protected her home and business
How Michael halved his $133,000 debt and avoided Bankruptcy
How Emma managed her $17,000 debt and avoided Bankruptcy
What our customers are saying
Amazing help, great communication and was always there when I needed questions to ask
Revive Financial gave me the opportunity to work toward financial freedom, and I truly appreciate all the support I received throughout the process. A special thank you to Francis Borinaga for your outstanding assistance with my account. Your help was greatly appreciated!
Easy deal with and explain everything very clearly and can contact easily with out having to wait hours or days for someone to get back to you. Would highly recommend if you are struggling or getting advise on what could be a good way for you to go.
> ⭐⭐⭐⭐⭐ I can't recommend Revive Financial highly enough. From the very beginning, the entire process was handled with professionalism, kindness, and genuine care. A special thank you to Tuanita Walsh, who has been absolutely amazing throughout my journey. She took the time to explain everything clearly, kept me updated every step of the way, and always made me feel supported rather than judged. During what was a very stressful time financially, her compassion, patience, and reassurance made such a difference. It's rare to find someone who combines professionalism with such a personal touch. Tuanita genuinely cares about her clients and goes above and beyond to make the process as smooth and stress-free as possible. Thank you, Tuanita, and the team at Revive Financial, for helping me regain control of my finances. I truly appreciate everything you've done and wouldn't hesitate to recommend your services to anyone needing financial assistance.
These people were my saviours. After a messy divorce and an ex who ran all the credit cards up, left me in despair financially. This organisation were amazing and helped me work through it all, I lost alot but slowly getting back on top.
Michelle was very helpful throughout the process. Explained and helped me in detail with calmness and politeness.
I'm very happy with the result and money I saved per week going with revive thankyou for the help
I can’t thank you guys enough for the great service that i have received from you guys and it’s been hassle free and you guys have given me the opportunity to change my life and have helped me out when ever there’s been a problem thank you and a special thank you to Steph mama you deserve a 5star review
Nicole has been amazing to deal with at Revive finance! Super helpful and very patient! 10/10 recommend if your having financial issues!!
Joseph at Revive Financial was fantastic and understanding. I was battling Debt I could never seem to get on top off. My financial situation was dire with no near solutions. I can now see a much healthier and brighter financial future with the ability to save . This will change my life.
Very accommodating people really found a solution to all my problems
Team were amazing and patient throughout the whole process and made everything so easy. Really appreciate all their help and everything they are doing.
Very helpful.
Revive and especially Warranee were extremely helpful and professional.
Excellent service
Michelle has been absolutely wonderful throughout the entire process. She has been incredibly helpful, professional, and informative, always taking the time to explain everything clearly and answer any questions I had. Her patience, knowledge, and genuine care made what could have been a stressful experience so much easier. I truly appreciated her support and outstanding customer service. I highly recommend Michelle to anyone looking for someone who goes above and beyond. Thank you so much!
Quick & surprisingly easy
Annika was absolutely amazing. She helped me through the process and explained everything to me. Annika has been keeping me up to date with all that is happening. I can’t recommend them enough.very happy customer
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