Debt Agreements – solving personal debt problems (Updated 2024)

A Debt Agreement, sometimes known as a Part 9 Debt Agreement, is a legally binding agreement between a person (not a company) and their creditors designed to help a person that can’t pay all of their debts.  With a Debt Agreement you can get creditors, including the ATO, to agree to a “haircut” on your debt and you can make arrangements to pay what you can reasonably afford over period of time. Read on to learn more.

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