Bianca had incurred 30 000 dollars in debt across 3 credit cards. She’d spent the money on an overseas trip, furniture for her home and some medical bills when her partner had been ill. Coupled with the $120 per week she paid on her car, Bianca was unable to meet the minimum repayments on her credit cards and had started to fall behind with her repayments. All of a sudden the calls from friendly sales staff at her bank were replaced by calls from rude and intimidating debt collectors and she soon became too scared to answer her phone. The harassment didn’t stop, it was relentless and she was eventually sent a summons to appear in court. Her creditors were going to send her bankrupt.
After Bianca contacted us, we quickly intervened on her behalf. We contacted her creditors to let them know she intended to consolidate her debts with a debt agreement and avoid bankruptcy. We dealt with each of Bianca’s creditors to ensure she would no longer have to deal with them and we negotiated a very favorable arrangement under which Bianca paid $110 per week (with no interest) and was completely debt free within 4 years. The repayments were affordable, the harassment from creditors stopped and Bianca managed to avoid going bankrupt.
