Case study

How Sarah reduced her debt by $25,000 and avoided Bankruptcy

Part IX (9) Debt Agreement
Initial debt
$40,000
Outcome
Debt free
in three years

Key results at a glance

Results that speak for themselves
$40,000
Total debt consolidated
$25,000
Total debt reduction
1
Manageable repayment plan

The challenge

Despite working full-time, unexpected life events and compounding financial pressures left Sarah trapped in an unmanageable debt cycle.

Unexpected hardship

The tragic loss of her fiancé left Sarah solely responsible for a $30,000 loan.

Compounding expenses

Ongoing childcare costs for her young son, medical expenses, and industry disruptions pushed her total debt to $40,000.

Multiple creditors

Managing payments across five different creditors became an overwhelming administrative and financial burden.

Risk of Bankruptcy

The sheer volume of debt and the cost of raising her dependent alone put her at severe risk of declaring bankruptcy.

The solution

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

Comprehensive financial assessment

We evaluated Sarah’s specific income as a farmhand, her childcare obligations, and the $40,000 debt spread across five creditors.

Practical guidance

We provided a clear, non-judgemental overview of how a Part 9 Debt Agreement serves as a legal alternative to bankruptcy.

Tailored solutions

We negotiated directly with her creditors to settle the debt for a significantly reduced amount that fit her single-income budget.

Complete transparency

We ensured Sarah understood the terms of the consolidated repayment plan and the exact timeline for her 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 Sarah’s total obligations down from $40,000 to $15,000, instantly removing $25,000 of financial burden.

Reason 2

Simplified financial management

Instead of juggling five demanding creditors while caring for a toddler, Sarah now makes a single, affordable payment under one manageable plan, entirely avoiding the severe consequences of bankruptcy.

The result

Sarah successfully executed a Part IX (9) Debt Agreement, experiencing immediate financial relief and peace of mind. The outcome eliminated the threat of bankruptcy and provided a realistic, stress-free framework to become debt-free.

Before
After
Improvement
Total debt
$40,000
$15,000
$25,000 reduced
Number of payments
5 separate accounts
1 consolidated plan
80% fewer accounts
Financial status
Facing bankruptcy
Bankruptcy avoided
Secured financial future
Administrative burden
High (juggling 5 creditors)
Low (1 single repayment)
Time and stress saved

Additional benefits

A comprehensive approach to your financial recovery

Improved credit score through consistent single payment history

Mental clarity and reduced financial stress

Ability to start an emergency fund with freed-up cash flow

On track to be completely debt-free in three years

Why choose Revive Financial?

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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

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
Verified
Google

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

Sheryl Edwards
Verified

Great communication,

Craig
Verified

They made me feel ok about making a mistake and gave me simple guidence to find a resaloution

Anonymous
Verified
Google

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.

Esther Sia
Verified

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.

Anonymous
Verified
Google

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

Julie Hill
Verified

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.

Chrystal
Verified

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

Ory
Verified

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

Walter
Verified

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.

Michelle
Verified

Very easy process and very helpful customer service!

Jackson
Verified

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