With an increasing number of Australians reporting that they are insolvent, and many more declaring bankruptcy each year, the need for effective and efficient nation-wide financial assistance is greater than ever.
For professional financial assistance at the lowest price – guaranteed – CRS Insolvency Services is the answer.
CRS Insolvency Services are highly experienced insolvency specialists located in Australia, with a proven track record in providing professional and successful financial assistance to Australian businesses and individuals. CRS assists individuals facing personal or corporate insolvency in Australia and who may be considering declaring bankruptcy or liquidating their company. We work closely with our clients in order to observe the cause of their financial hardships, determine which financial solution suits them best and see them through the process of getting back on their feet.
When seeking assistance for their debt problems, many individuals are unaware of their options and generally think of bankruptcy as their only available choice. Thankfully, the Australian government offers indebted Australians with a number of alternatives to better deal with their intense financial strain.
At CRS, our advice is to always consider the legal alternatives to bankruptcy, as the consequences are usually less severe. These bankruptcy alternatives include a Debt Agreementor a Personal Insolvency Agreement. Before these agreements existed, if you were in debt you really only had two options; either pay it in full or declare yourself bankrupt. Thankfully, debtors are now able to consider other alternatives that may be more suited to their financial position and come with fewer consequences.
With both agreements, once the agreement is set up and a negotiated repayment amount is agreed on by your creditors, all interest on your debts will be frozen. The administrator of your agreement (be it a Debt Agreement Administrator or a Registered Trustee) will become the only point of contact with your creditors. They will handle all enquiries and ensure that your repayments are distributed to your creditors in the prescribed manner.
The financial assistance provided by CRS is centred on helping you determine the option which will best benefit you. By entering into one of these alternative arrangements, you will have peace of mind knowing that you are protected from any creditors threatening legal action or bankruptcy.
To propose a Debt Agreement or Personal Insolvency Agreement, you need the assistance of a company such as CRS Insolvency Services. You will require either a Debt Agreement Administrator or a Registered Trustee (respectively) to administer your agreement, both of whom we have available on site.This means that we are able to provide you with either alternative, and can follow your case through from start to finish in as timely a manner as possible.
For more information on CRS Insolvency Service’s financial assistance options, or for free and impartial advice on your alternatives to bankruptcy, contact our 24/7 hotline on 1800 093 070.