Finding a way forward

Melissa’s story*

Melissa was carrying over $104,000 in unsecured debt across multiple creditors, the calls were constant and the repayments felt impossible to manage but Safe Debt Management helped her find a way out.

The problem

Melissa found herself with over $104,000 in unsecured debt spread across multiple creditors. The repayments were unmanageable, the calls relentless, and the prospect of getting on top of it all felt impossible. She needed expert help to find a way through.


The fix

Because Melissa’s income and liabilities met the necessary thresholds, Safe Debt Management was able to assist her with a Part IX Debt Agreement between Melissa and her creditors.Before entering the agreement, Melissa was juggling repayments across multiple creditors with a total balance of $104,930.

Working with Melissa’s creditors, Safe Debt Management negotiated a settlement of just $30,800 as full and final resolution of her debt.She now makes one fortnightly payment of $400 to Safe Debt Management. As her debt administrator, Safe Debt Management distributes payments to her creditors on her behalf, eliminating the stress of managing multiple accounts and fielding creditor calls.

Over 2 years and 11 months, Melissa will have resolved over $104,000 in debt through one simple, affordable repayment that suits her. And at the end of her agreement, Melissa’s unsecured debts will be settled and behind her.

Take action and deal with out-of-control debt – contact us today for a FREE debt assessment.
*Melissa’s name and identifying details have been changed to protect her privacy. Figures are based on an actual case and are accurate at the time of writing. Individual circumstances and outcomes will vary.
Safe Debt Management Pty Ltd | ACL 531560 | ACN 010 183 294 | RDAA #1251. Fees, terms and eligibility criteria apply. This is general information only and does not constitute financial advice.