An informal arrangement is a debt solution which involves reaching agreement with your creditors to change the terms upon which your debts will be repaid. This will make it easier for you to meet your financial commitments over an agreed period of time.
These arrangements can result in reduced costs and importantly the avoidance of bankruptcy. However, as informal arrangements require approval from all of your creditors they can sometimes be difficult to achieve.
Australian Financial Solutions can assist by providing an independent assessment of your financial position to determine whether an informal arrangement is right for you. If so, Australian Financial Solutions can assist in liaising with your creditors to seek agreement in writing to proposed new terms.
If an informal arrangement is not right for you there are other alternatives that Australian Financial Solutions can assist you with, such as a debt agreement.
Contact us now and let Australian Financial Solutions give you the debt solution you need.