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Debt Repair Services - Managed
This service is managed by a Professional Team who are not accountants or lawyers.
The Company is a government registered Debt Agreement Administrator, which means your
clients will receive the very best advice and most relevant solution.
You earn a % of the commission (average commission = $100 - $300). Commission is paid
within 60-90 days of a completed debt agreement.
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The Service
The Debt Repair Team are skilled professionals that understand the needs of people and
companies. They believe that people and companies can see eye to eye when it comes to
paying debts.
The Company is 100% Australian owned and committed to:
- Listening
- Building better relationships between people and credit providers, and
- Making real solutions to real problems
The Qualified Team give your client options and an obligation free quote.
They can help your client regain control, support them and deal with your client's creditors.
The team can translate the issues of ordinary people to credit providers. By bridging
this gap, the Team provides relief and reassurance as well as real commercial value for creditors.
Formal Debt Agreements
A formal debt agreement is a simple way for people to settle debts with their creditors
through a formal, legislative accord. Formal debt agreements are a simple cost effective
alternative to bankruptcy.
What a lot of people don't realise is that there a number of alternatives to bankruptcy,
that offer relief and protection from creditors.
When a debt agreement is made:
- the unsecured debts are consolidated
- the interest charges and penalty fees all stop and the debts are "frozen"
- the debt collection phone calls and letters stop
- the legal action stops
How the Service Works
You simply refer your failed finance leads or clients suffering with stress from debt.
The Team assesses your client's position, their options and if they can, they find a solution
and you receive a commission.
Example Clients
May have:
- mortgage arrears
- tried to refinance their home but for some reason have been rejected
- a bad credit rating, eg. Defaults and judgements
Example Client Fees
Your client is provided with an obligation free appraisal and should your client decide
to proceed, they may be charged:
- Less than $10,000 debt = $500
- $10,000 - $15,000 debt = $750
- More than $15,000 debt = $1,000 to a maximum of $1,400
This fee is included in the debt agreement and taken out of the first debt repayment.
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