The Financial Managers innovative financial solutions

Case Scenario 3 – Debts out of control and bankruptcy looming

Mardi had separated from her partner, leaving her with a huge level of debt.  Creditors were constantly contacting her demanding payment, causing her high levels of stress.

She had considered bankruptcy but the consequences of this weighed heavily on her mind.

Mardi spoke to one of our Consultants and we prepared a comprehensive budget forecast – free of charge.  It was identified that she had minimal options to avoid bankruptcy.  Her family was in no position to assist her financially so she decided to enter into a Part 9 debt agreement. 

The debt agreement was accepted by all creditors. Mardi was only required to make one fortnightly payment, her repayments were now at a reduced amount allowing her to rebuild her life. 

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Our services and solutions are wide and varied and we aim to help everyone.


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The Financial Managers innovative financial solutions