How Kelly wiped over $215,000 in ATO debt and protected her home and business
Kelly’s story
Operating as a sole trader tiler since 2014, Kelly’s business was her only source of income. Unfortunately, without a system to set aside money for taxes, her ATO debt spiralled to nearly $350,000. With jointly owned real property, motor vehicles, and her livelihood on the line, she needed a plan to manage her historical tax debt while allowing her to continue trading. We helped her establish a Personal Insolvency Agreement (PIA) that protected her assets, saved her business, and wiped over 60% of her debt.
Age
Unspecified
Employment status
Sole trader
Location
Western Australia
Household type
Joint property owner
Employment
Tiler
The challenge
Despite having a viable business and correcting her financial habits for the future, the sheer size of Kelly’s historical ATO debt threatened everything she had built.
The solution
Comprehensive financial assessment
Strategic protection
Favourable creditor negotiation
Tailored repayment structure
The result
Kelly successfully executed a Personal Insolvency Agreement, removing the immediate threat to her livelihood and personal assets. With over $215,000 of debt wiped and a clear, five-year instalment plan in place, she secured her financial future while confidently continuing to run her tiling business.
Consolidating massive tax debt
After years of running his own business as a shotfirer, Dom was left with $130,000 in debt – mostly owed to the ATO – and no way to manage it as a regular employee. Bankruptcy would have returned nothing to creditors and left him with little to show for his working years. We arranged a Personal Insolvency Agreement, wiping 40% of his debt and consolidating the rest into a single affordable weekly payment, letting him keep his vehicle and move forward free of ATO pressure.
Halving severe business debt
When Michael’s business collapsed in the wake of COVID, he was left with $133,000 in debt across the ATO, credit cards, and personal loans. After attempts to negotiate directly with creditors failed, we structured a Part X Personal Insolvency Agreement – allowing him to retain his vehicle, avoid bankruptcy, and settle his debt at just 50 cents in the dollar.
How Dom wiped $52,000 in debt and kept his motor vehicle
How Michael halved his $133,000 debt and avoided Bankruptcy
How Amanda reduced her debt by 30% and regained financial stability
What our customers are saying
i think revive financial have been awesome for me nic the person i have been dealing with was very helpful helped me thru the whole process explained everything i needed to know and i was very pleases to have someone like him expaining and helping me thru the process i thank him very much……feeling happy graeme
So s o lovely and helpful ☺️
Francis Borinaga Was amazing.
They were extremely and ran me through every step of the way
Very helpful consolidating my bills into one. Very happy with the final outcome of being debt free. They helped me make repayments more affordable.
Very happy with my outcome Nick was very helpful taking me step-by-step which made it very easy thank you Nick for helping me
Very understandable when it comes situations, very easy and fast
Verry great would recommend
The staff at at Revive Financial were amazing and helped me through a very tough time. At any time where I needed information or just checking how everything was going, they were always so nice and understanding. My debt has been finalised and it feels great, the whole procedure was so easy and they took care of everything for me and I’m so grateful🙂
Highly recommend if you find yourself in a financial rut. Shanel is super at her job and everything was completed promptly 10/10
First rate
Mason has been so incredibly helpful and knowledgeable on getting me the best financial experience possible. She’s helped relieve majority of my financial stress during this hard medical time in my life. Thanks Mason ☺️
I found it a pleasure to get my financial struggles sorted the team who took the time to help me where very helpful and kind thanks revive financial.
Michelle Szabo has been amazing. She took control of everything for me and finally I can sleep at night knowing I have a commited plan in place.
Absolutely top tier, I even wrote them off as a another fraud company, they went above and beyond to prove me wrong and I’m super stoked that they did and Ben my contact throughout the entire process was just an absolute legend. I couldn’t thank them enough.
Annika was so great to deal with! Very professional and very helpful! Would recommend her 100%
Best decision I've ever made. I am finally debt free!! Thankyou for your ongoing support, I genuinely couldn't have done it without you. If you're looking for a sign, this is it.
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