Case study

How Sharon reduced her fortnightly repayments by $531 while working two jobs

Part IX (9) Debt Agreement
Initial debt
$33,033
Outcome
Debt free
in three years

Key results at a glance

Results that speak for themselves
$33,033
Total debt consolidated
$531
Fortnightly repayment reduction
1
Manageable repayment plan

The challenge

Despite working two jobs, the rising cost of living left Sharon trapped in a stressful cycle, forcing her to choose between paying for basic necessities or servicing her debt.

Cost of living pressures

Increased daily expenses meant Sharon’s dual income was no longer enough to cover the basics alongside her debt obligations.

Compounding expenses

Debts quickly accumulated across credit cards, the ATO, and Buy Now Pay Later services.

Multiple creditors

Managing payments across eight different accounts (including Plenti, Zip, Kogan, Afterpay, and CCFS) became an overwhelming administrative burden.

Unsustainable repayments

Her required minimum repayments had reached a crippling $791 per fortnight, making it impossible to get ahead.

The solution

After reviewing Sharon’s situation, we identified that a Part IX (9) Debt Agreement would provide immediate relief from her high fortnightly repayments and consolidate her accounts into one manageable plan.

Comprehensive financial assessment

We evaluated Sharon’s income from both of her jobs, the impact of current living costs, and her debt spread across eight creditors.

Practical guidance

We provided a clear, non-judgemental overview of how a Part 9 Debt Agreement could legally consolidate her various accounts and ATO debt.

Tailored solutions

We negotiated directly with her creditors to slash her required minimums from $791 down to just $260 a fortnight, reducing her total debt to $20,020.

Complete transparency

We ensured Sharon understood the terms of her new repayment plan and the exact three-year timeline for her financial recovery.

Why this approach worked

Getting started is easy and straightforward

Reason 1

Drastic repayment reduction

By establishing a Debt Agreement, we successfully reduced Sharon’s fortnightly obligations by $531. Dropping her payments from $791 to an affordable $260 instantly freed up vital cash flow for her essential living expenses.

Reason 2

Simplified financial management

Instead of juggling eight demanding creditors and Buy Now Pay Later accounts while working two jobs, Sharon now makes a single, affordable payment under one manageable plan, entirely removing the stress of falling behind.

The result

Sharon successfully executed a Part IX (9) Debt Agreement, experiencing immediate financial relief and peace of mind. The outcome eliminated the stress of choosing between groceries and bills, lowered her total debt, and provided a realistic, stress-free framework to become debt-free in three years.

Before
After
Improvement
Total debt
$33,033
$20,020
$13,013 reduced
Fortnightly repayments
$791
$260
$531 saved per fortnight
Financial status
Choosing between basic needs and debt
Cash flow freed up
Secured financial future
Administrative burden
High (juggling 8 creditors)
Low (1 single repayment)
Time and stress saved

Additional benefits

A comprehensive approach to your financial recovery

A comprehensive approach to your financial recovery

Improved credit management through a consistent single payment history

Mental clarity and reduced financial stress

On track to be completely debt-free in three years

Why choose Revive Financial?

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Lives transformed

20+ years

Helping everyday Australians

What our customers are saying

Yes. From the moment my debt payment plan was approved, my experience with Revive Financial has remained very positive. Their case managers understand the human side of financial hardship and are always considerate, supportive and willing to discuss alternative arrangements when needed. The flexibility and consistency of their payment arrangements gave me the opportunity to stay on track and ultimately pay off my debt. I genuinely appreciate the support I received and would highly recommend Revive Financial to anyone experiencing financial hardship and looking for a compassionate and flexible service. Keep It Up

Anonymous
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Revive are very good to work with always ringing to find out or to tell me how things are going very easy to understand

Mark
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Connie was soooo amazing during my whole experience thus far, getting things for me sorted so promptly and speedy hasn't gone unnoticed. She a gem and really showed compassion in my situation which I was ashamed of but she is such a nice human (talked about our kids and lifes ups and downs) and it is nice to know that you do get the human touch when you are in difficulties at Revive Financial.

Jacinta Smith
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Amazing service

Anonymous
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Extremely informative and clear on the process, impeccable phone manner and caring in nature

Dale
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I reached out to Revive Financial a few weeks ago for help with my financial situation. I got paired up with Nick and i cannot say enough good about how helpful and professional he has been. He has handled my case from the beginning and made the whole process absolutely stress free. He responds quickly to any questions, provides regular updates, helps in any way possible and is a pleasure to work with. Thank you Nick for all your help and thank you Revive Financial. If you’re on the fence about reaching out for help with your financial situation don’t be. Reach out and they’ll make the process easy and stress free.

Jason
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I’m happy that my case was handled properly and efficiently. Thank you so much. Annika Hamilton was so patient and accommodating. I a happy to refer Revive Financial to my friends and colleagues if they needed one. Many thanks. More power to your company. Much appreciated.

Melody
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I would highly recommend Nick Smith from Revive Financial. Seeking help through a financially tough time he was nothing but supportive, and non judgemental, very on top of every detail and super efficient. Thanks Nick!

Marie
Verified

Staff truly care, answer every question, even the ones you didn’t think of. If you’re struggling with debt they’ll get your financial health back on track and you’ll feel like you can take control of your finances again. Incredible work, Francis has been great throughout my entire debt agreement and even now my debt Francis made sure I felt comfortable to approach them again if I need anything. 10/10

Mathew
Verified

I had the pleasure of dealing with Connie Vargas she was exceptional 100 star rating✨️She explained the whole process thoroughly, friendly and very patient thank you Connie for your help very much appreciated🙂

Alyssa
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Very friendly and easy to deal with. I was feeling very overwhelmed and Revive helped me put my finances back into manageable payments.

Anonymous
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Google

Cassandra has been fantastic to deal with and has made the process as seamless as possible. At a time when things felt completely out of my control, I greatly appreciated Cassandra’s assistance and genuine care and understanding.

Sue Campbell
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Great friendly and helpful service 👌

James
Verified

Excellent customer service all the way from start to finish. Thank you very Mr Nick Smith. Will for sure recommend this company and its services & products. Kindly. Jack

Jacques
Verified

very easy to contact and very fast response

Cooper
Verified

Very easy to chat with and helped me understand everything i needed

Anonymous
Verified

I came to them 3 years ago, lost, in debt and didn’t see a way out. They immediately helped me and supported me. My repayments were tailored to my situation and they helped lower my cost phenomenally. Today I’ve finally finished with Revive a new person without debt due to their support and I can’t thank them enough and my financial future is looking very positive thanks to Revive. A big thank you to everyone who has helped me over these 3 years and a big shoutout to Francis for taking over my case and ending it with a positive note.

Ruby
Verified

Very polite, clear, and understanding. Helped usbin a difficult situation

Gavin
Verified

Very caring, helpful and efficient. Nothing was a problem Extremely supportive and payments were tailor made.

Vanessa
Verified

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