Case study

How Kristy & John saved 55% on their debt and kept their family home

Part IX (9) Debt Agreement
Initial debt
$70,000
Outcome
Debt free
in five years

Key results at a glance

Results that speak for themselves
$70,000
Total debt consolidated
$38,500
Total debt reduction
$550
Single monthly payment

The challenge

Despite Kristy working full-time, an unexpected health crisis and compounding financial pressures left the family trapped in high-interest debt with their home on the line.

Unexpected hardship

John suffered a severe nervous breakdown, leaving him unable to work and reducing the household to a single income.

Compounding expenses

The high cost of living for a family of five, combined with ongoing mortgage obligations, forced them to rely heavily on credit cards to survive.

High-interest debt

The reliance on credit cards caused their unsecured debt to rapidly balloon to over $70,000.

Risk to family home

Because they had limited equity in their property, refinancing was not an option, putting their family home at severe risk of having to be sold to cover debts.

The solution

After reviewing Kristy and John’s situation, we identified that a Part IX (9) Debt Agreement would provide immediate protection for their home and a structured path to recovery.

Comprehensive financial assessment

We evaluated their single-income budget, the needs of their three young children, and their limited home equity against the $70,000 debt.

Practical guidance

We provided a clear, non-judgemental overview of how a Part 9 Debt Agreement could protect their most valuable asset—their home—while making debts manageable.

Tailored solutions

We negotiated to consolidate their high-interest credit card debt, settling for 45% of the original amount, paired with an affordable $550 monthly payment.

Complete transparency

We ensured Kristy and John completely understood the terms of the 60-month (5-year) plan and their exact timeline for financial recovery.

Why this approach worked

Getting started is easy and straightforward

Reason 1

Significant debt reduction

By establishing a Part 9 Debt Agreement, we successfully negotiated their total obligations down from $70,000 to $31,500, instantly removing $38,500 (a 55% reduction) of financial burden.

Reason 2

Asset protection and simplified management

Instead of drowning in high-interest credit card fees, Kristy and John now make a single, affordable payment of $550 a month. Most importantly, this strategy allowed them to entirely avoid selling their family home.

The result

Within 6 weeks of engaging with Revive Financial, Emma successfully consolidated all her debts and experienced immediate financial relief. The outcomes exceeded her expectations in both cash flow improvement and long-term savings.

Before
After
Improvement
Total debt
$70,000
$31,500
$38,500 reduced (55%)
Repayment structure
High-interest credit cards
1 consolidated plan ($550/month)
Fixed, affordable payments
Financial status
Unable to refinance, home at risk
Home protected
Secured family home
Stress level
Extremely High (health crisis + debt)
Low (clear path to recovery)
Time, health, and stress saved

Additional benefits

A comprehensive approach to your financial recovery

Kept the family home for their three children, avoiding the disruption of a forced sale.

Drastically reduced financial stress, allowing John the peace of mind needed to properly recover.

Eliminated compounding credit card interest entirely.

Consolidated all debts into one $550 monthly payment.

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What our customers are saying

It’s very easy and nice process to dissolve my issue and give me a relive thanks

Ameer
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Recently went threw revive to save me from potential colapse. For anyone struggling financially please contact zac from revive financial, zac has been an absolute legend. Making the process simple and stress free. I couldnt possibly thank him enough for the ongoing support and guidance throighout the process. Thank you so much for giving me back my life zac and revive team. Your are legends. Cheers

Thomas
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At a time where I felt lost and couldn't see a way out financially, I called Revive they were so helpful gave me options and eased my chaotic brain. Brilliant communication, explanations of each step ! I see a light at the end of the tunnel. Thanks revive financial you have made a difference in this person's life xx

Anonymous
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Google

Helps me relieved my stressful financial interests form other lenders. Helps me have all my bills in one payment and less interest. It gave me a chance to have financial freedom back. Revuve team Are very helpful and easy to communicates helps me with everything I need. Highly recommended

Joem “Ellie” McG
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Google

After struggling with bad a financial situation, the stress was really damaging my health and outlook. Tuanita was an absolute godsend and I truly mean that, the process went very smoothly and knowing I didn't have to deal with the people I owed money to was such a relief, wouldn't hesitate to recommend Revive to any person for sure

Joe Turner
Verified

I had some amazing help from Nicole to get my finances in order. Such a stress relief and easy to sort out with their help.

Mahli
Verified

Thanks for your help was helping me out with debt am was struggling financially sistuation

Anonymous
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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.

Anonymous
Verified

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

Kaelahanne
Verified

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

Matthew
Verified

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 🙏🏽✨

Laulauonuu
Verified

In particular I want to single out Connie for being kind and empathetic during this process.

Sara
Verified

Warranee was extremely helpful. Answered all my questions and made me feel at ease.

Kirsty
Verified

Sharon was so helpful through the whole process and made it so easy.

Danielle
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Google

Very easy to deal with. Went above and beyond to help my situation. Would highly recommend.

Sheryl Edwards
Verified

Great communication,

Craig
Verified

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