How Sarah reduced her debt by $25,000 and avoided Bankruptcy
Key results at a glance
Sarah’s story
Sarah
QueenslandAfter losing her fiancé, Sarah was left with a $30,000 loan. With childcare costs, medical expenses, and the impact of COVID on the farming industry, her debts grew to almost $40,000 across five creditors. Exhausted from juggling everything alone, we helped her consolidate her debts into one affordable plan to avoid bankruptcy.
Age
35-year-old
Employment status
Full-time employed
Location
Queensland
Household type
Single, renting
Employment
Farmhand
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
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 Sarah’s total obligations down from $40,000 to $15,000, instantly removing $25,000 of financial burden.
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.
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.
Protecting the family home
When serious health complications forced Mark to reduce his working hours, medical costs piled on top of his mortgage and family expenses, leaving him with over $46,000 in debt across four creditors. Worried about losing his home equity, we set up a Part 9 Debt Agreement to consolidate everything into a single affordable payment, reducing his total debt by $17,000 and protecting his family home.
Australia’s #1 trusted financial relief service, working for you
4.9 / 5 rating
From over 4,900 reviews
39,000+
Lives transformed
20+ years
Helping everyday Australians
How Mark reduced his debt by $17,000 and protected his family home
How Belinda escaped 9 debts and reduced her weekly repayments from $364 to $58
How Sharon reduced her fortnightly repayments by $531 while working two jobs
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!
