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.
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What our customers are saying
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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!
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> ⭐⭐⭐⭐⭐ 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.
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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.
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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!
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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
