How Mark reduced his debt by $17,000 and protected his family home
Key results at a glance
Mark’s story
Mark
New South WalesFacing serious health complications requiring three surgeries, Mark had to reduce his working hours. With ongoing medical costs, a mortgage, and a family to support, his debts grew to over $46,000 across four creditors. Worried about losing control and wanting to protect his home equity, we set up a debt agreement to consolidate his debts into one affordable plan.
Age
43-year-old
Employment status
Reduced hours
Location
New South Wales
Household type
Married, homeowner
Employment
Medical administrator
The challenge
Despite working hard to support his family, severe medical issues and compounding financial pressures left Mark struggling to manage his obligations while protecting his assets.
Unexpected hardship
Serious health complications requiring three surgeries forced Mark to significantly reduce his working hours.
Compounding expenses
The combination of ongoing medical costs, a home mortgage, and general living expenses pushed his total debt to over $46,000.
Multiple creditors
Managing payments across four different creditors became an overwhelming administrative and financial burden during his recovery.
Risk to assets
The sheer volume of debt and his reduced income put his family home and hard-earned equity at severe risk.
The solution
Comprehensive financial assessment
Practical guidance
Tailored solutions
Complete transparency
Why this approach worked
Getting started is easy and straightforward
Significant debt reduction
By establishing a Part 9 Debt Agreement, we successfully negotiated Mark’s total unsecured obligations down from $46,000 to $28,767, instantly removing roughly $17,000 of financial burden.
Asset protection & simplified management
Instead of juggling four demanding creditors while recovering from surgery, Mark now makes a single, affordable payment. Most importantly, this structure entirely avoided bankruptcy, ensuring his family home and equity remained fully protected.
The result
Mark successfully executed a Part IX (9) Debt Agreement, experiencing immediate financial relief and peace of mind. The outcome eliminated the threat of losing his home and provided a realistic, stress-free framework to manage his recovery and finances.
Additional benefits
Improved credit score through consistent single payment history
Mental clarity and reduced financial stress
Ability to manage ongoing medical and household costs with freed-up cash flow
On track for a completely debt-free future
Consolidating single mother’s debt
After losing her fiancé, Sarah was left with loans, mounting childcare costs, medical expenses, and the added pressure of COVID’s impact on the farming industry – leaving her $40,000 in debt across five creditors. As a single mum working full-time, she was exhausted from juggling it all alone. We consolidated her debts into a single affordable plan through a Part 9 Debt Agreement, reducing her total debt by $25,000 and helping her avoid bankruptcy.
Halving family credit debt
When John’s health left him unable to work, the family relied on credit cards to survive, accumulating over $70,000 in debt. Unable to refinance their mortgage, we helped them establish a Part 9 Debt Agreement. This reduced their total debt by 55% into a single affordable monthly payment, ultimately saving their family home.
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What our customers are saying
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
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
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 🙏🏽✨
In particular I want to single out Connie for being kind and empathetic during this process.
Warranee was extremely helpful. Answered all my questions and made me feel at ease.
Sharon was so helpful through the whole process and made it so easy.
Very easy to deal with. Went above and beyond to help my situation. Would highly recommend.
Great communication,
They made me feel ok about making a mistake and gave me simple guidence to find a resaloution
Joseph has been awesome, professional and a great help to me during my time of financial distress. He made the impossible possible. Nothing is too troublesome for him. The team are friendly and helpful as well. Highly recommend Joseph.
Insanely supportive and helpful company. They’ve made the process super easy and fair, and have created a very manageable outcome. Mason and Ruth specifically in my case have both exceeded high levels of customer service.
I have had a really great experience with revive financial. They have been extremely supportive and my support has been Mason throughout the entire process and she has been fantastic
I really enjoyed my experience. Anette was incredibly helpful, friendly, and made everything easy to understand. They took the time to answer all my questions and provided excellent support throughout the process.
Fantastic service great help could not have done it without the whole team best choice i ever made thanks everyone that helped me achieve my debt free life
Understandingly considers real life circumstances and addresses personal situations with a target approach. Questions are well defined and realistic. Provides a great customer service with reliable and friendly staff. I highly recommend Revive Financial to anyone seeking financial assistance. Thanks
Connie has been so amazing to work with. She is so approachable and understanding and has made this process so smooth. She has helped above and beyond especially over the past 4 weeks with a traumatic experience I have been going through. I couldnt have done any of this without her support.
Very easy process and very helpful customer service!
