A1 Debt Assistance - Bankruptcy Help Australia

Call  1300 79 74 73   for instant debt relief and a free quote

Bankruptcy can free you of your debt burden within days!  
   

The information below explains many of the frequently asked questions that we are asked by our callers on a daily basis:

Q. How much does it cost to seek advice from A1 Debt Assistance

A. Nothing. Your initial no obligation phone consultation is absolutely free.

Our experienced Team are here to listen carefully to your circumstances, ask appropriate questions with the aim of fully understanding your situation and then giving you a recommendation which is free of charge and strictly confidential. At the end of the conversation we can provide you with an exact cost, if you wish to get A1 to do everything for you and take the hassle and stress out of this task.

A1 Debt Assistance have helped 10's of 1000's of people from all over Australia - as long as you reside in Australia, we can help.

We are a family business, working from a home office located in Queensland. As such, our overheads are much lower than most and our fees are amongst the lowest in Australia.

Q. How long does it take if I decide to declare Voluntary Bankruptcy?

A. Usually, we can complete your documentation and lodge it with the Government Bankruptcy Office within a week of your first contact. Once you are bankrupt, your unsecured creditors are obliged to stop harassing you.  

Q. Can I travel overseas if I am bankrupt?

A. You will need to inform your Trustee of the reason and the exact time of your trip. Most overseas trips that have a family or business purpose and are funded by a third party, will generally be approved by your Trustee. Allow about 2 weeks from the time you seek your trustees approval.

Q. I have a car loan and wish to keep my car, but am considering Voluntary Bankruptcy - can I keep my car?

A. If the car loan is up to date, you can usually keep your car as it is not an asset that you own. If you own your car, the value needs to be $7,050 or less - this amount is based on auction/trade-in value and not private sale value. If you have a car loan, the value is mostly irrelevant, as long as you do not have too much equity in the car.

Q. I have a mortgage but am considering Voluntary Bankruptcy - will I lose my house?

A. This depends on the amount of equity you have in your home and also if the loan repayments are up to date. If you have very little to no equity in your home, there is no value in a sale, thus you would be able to keep your home. If you own or have reasonable equity in the home, your Trustee will most likely sell your home to repay your creditors. You must also understand that your trustee will place a caveat over your property and the trustee can act on this caveat for up to 9 years. 

Q. What happens if I enter a Part 9 Debt Agreement and I can no longer afford the repayments?

A. In most cases, the Debt Agreement would have to be cancelled and your creditors have the right to take action against you to recover the debt. If you find yourself in this situation, you should consider voluntary bankruptcy. Contact A1 Debt Assistance for more information and an exact cost for our service should you wish that A1 does it all for you.

Q. I still have some questions that I would like answered before understanding the full benefit of the Part 9 Debt Agreement  versus Voluntary Bankruptcy - what should I do now?

A. Phone A1 on 1300 79 74 73   to speak to Karen or Troy, or send us an email now.

We'd love your Feedback:

As a small business we are always keen to learn what people think of A1 Debt Assistance after visiting this site. Let us know your thoughts, positive or negative, it all helps to further improve our content and our ability to help people in need. 

Please email us your feedback to info@a1debtassistance.com.au and perhaps you wish to add this site to your favorites for future visits or recommend a friend in need.

Also visit our Case Studies for some real live examples on how A1 Debt Assistance has helped clients to restore their lives.

Phone:      1300 79 74 73 - free phone consultation & free quote

Remember, only Bankruptcy can really free you of your debt burden within days!  

A1 Debt Assistance - Australia's answer towards a debt free tomorrow

Extra Income opportunity for our clients: A1 Car Ads

You may also consider registering for the chance of a little extra income if you have a reliable car.

Visit    www.a1carads.com.au

A1 Car Ads is a new business that promotes your car as an advertising space to Companies Australia wide. Go to the A1 Car Ads website and see for yourself if that is something that may interest you.

Thank you for visiting -  A1 Debt Assistance

Troy & Karen

ABN 80 196 533 578