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Personal Bankruptcy Trustees Sydney

We Help You with Personal Bankruptcy in Sydney

What is Voluntary Administration?

Redundancy, bereavement, investments gone bad, failed businesses, a divorce, sickness or being a carer can leave you struggling to pay the bills. We understand that being in debt can be a lonely and stressful experience. Fortunately, there are options available to give you relief and provide you with a positive debt-free future.

Deciding whether or not to declare bankruptcy is a stressful and difficult task. Bankruptcy often comes packaged with a negative stigma that may leave you feeling like your reputation and self-image is on the life. However, though there are some negative consequences to bankruptcy, there are also many advantages. After declaring bankruptcy, you will feel instant relief. Harassment from your creditors will cease and the majority of your debts will be discharged, allowing you a fresh start. Although some assets may be taken, most of your belongings will be protected such as household furniture, clothing, life insurance, superannuation and vehicles that fall under the threshold amount.

If you’re unsure if declaring bankruptcy is the best choice for your financial situation, there are alternatives to bankruptcy which may suit you better. The best thing to do in this situation is to act quickly and seek advice from a personal insolvency expert at Revive Financial.

Alternative Options to Bankruptcy

Debt Agreement

A Part 9 Debt Agreement is a legal and binding agreement between you and your creditors. Similar to a Debtstroyer Agreement, it’s aim is to reduce your overall debt into an affordable repayment schedule.

Informal Debtstroyer Agreement

An Informal Agreement (Debstroyer Agreement) is a debt relief solution which can help reduce your minimum repayment amount, freeze your interest and give you more time to pay off your debts in one, easy regular repayment.

Debt Consolidation

A debt consolidation loan can help you gain control of your financial situation and move forward with your life. It allows you to consolidate your loans into one easy-to-manage debt repayment.

Mortgage Refinancing

Refinancing your mortgage can improve your financial standing so you can better manage your debt. A Debtstroyer home loan comes with lower interest rates and flexible repayment terms.

Home Owner Bankruptcy Tips

Benefits of Working with Revive Financial

We Care About Our Clients

At Revive Financial, we respect our clients and understand each client’s situation is different. We approach each case with compassion and honesty.

Develop a Tailored Solution

We assess your situation and provide a tailored debt relief solution for your individual situation to help you get back on your feet sooner.

Experienced, Approachable Team

We understand how stressful it is to deal with unmanageable debt. That’s why Revive Financial makes every effort to use their experience, knowledge and education to make the debt relief process as stress-free as possible. Our team has over 43 years of combined experience in the finance industry.

Personal Insolvency Experts

Bankruptcy may not be the best course of action for your circumstances, which is why we may suggest a different option for your financial difficulties from mortgage refinancing to a Debt Agreement.

Helping Australians Get Back on Their Feet Every Day

Our dedicated team at Revive Financial understand the difficulties involved when you’re facing financial troubles. We care about your situation and that’s why we are experienced in assisting you to find the right solution so you can get your finances back under control. Whether it’s a debt consolidation loan, a Debtstroyer Agreement or Bankruptcy, we will help you through the process and make sure you understand what’s involved. If you’re unsure of which option is best for your financial circumstances, give our Sydney team a call today on 1800 861 247.

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