Applying for a debt agreement is an involved process, as the proposal involves many calculations and legal documents that need to be drawn up & put to all of your creditors. Before putting together a proposal for you we would fully assess your situation to ensure a Debt Agreement is the right option for you before going ahead. Once this was determined, we would need to start putting together a proposal based on information about your current financial position. Collecting this information can be time-consuming, but our advisors have the experience and expertise to make it as simple and stress free as possible for you. Once the proposal has been put together we will lodge it with the Insolvency and Trustee Service of Australia, who will then distribute it to your creditors. During the voting period we handle all of the negotiations and will also take any calls from creditors. You will only have to deal with us and we will handle the rest. Once the voting period is over you will be advised of the outcome as soon as possible. If the proposal has been accepted, the agreement will become legally binding on all creditors. To find out if a Debt Agreement is the right option for you, and to understand any alternative options that might be available to you, the best thing you could do is to speak to one of our debt solution experts on 1800 98 10 70.