You retain all of your assets…

Secured debt payments, mortgage, car etc are allowed for in the Budget;

Settlement is made over a period of time by instalment payment;

All unsecured debt balances are frozen upon submission & ongoing interest ceases;

You are free to go about your life, conduct a business and retain your Passport;

Civil Court judgments cannot be executed upon; Wage garnishees cease; Contributions are paid to and administered by a registered Debt Agreement Administrator;

Upon completion of all of the obligations to the agreement both the NPII and your credit reference file will be noted that you have honoured your undertaking;

You will not suffer the indignity or consequences of a bankrupt;

It is the only administration that does not place your assets at risk!