Who can propose a Debt Agreement?

Debtors can lodge a Debt Agreement proposal if they:

  • are insolvent (unable to pay their debts as and when they fall due);
  • have not been bankrupt, had a Debt Agreement or given an authority under Part X of the Bankruptcy Act in the last 10 years (10 years since discharge);
  • have unsecured debts, assets and after-tax income for the next 12 months all less than the statutory limits (please see the current Indexed Amounts fact sheet or the AFSA website.)

Contact

Postal Address

PO Box 392
Moorebank NSW 1875
 
Tel: (03) 9351 0434

Email: [email protected]

Make an Enquiry


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