The Appointed Administrator MUST:
Meet the basic eligibility test of ITSA.
Hold qualifications as prescribed in Bankruptcy Regulations
Be currently registered as a Debt Agreement Administrator.
Place all of your contribution monies into a separate account for distribution to your creditors.
Provide you with information concerning your account at any time upon reasonable request.
Keep creditors informed as to the progress [...]
Now is not the time to go out and hike up further credit simply because you only have an instalment payment to make – your circumstances may yet change again. Now is the time for frugality, a change in life style and adherence to the budget.
A debt agreement is not a joke. It is a [...]
Debt Management Advice
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