Am I eligible for a debt agreement?

You can lodge a debt agreement proposal if you:

  • Are unable to pay your debts when they are due.
  • Have not been bankrupt, had a debt agreement or personal insolvency agreement in the last 10 years.
  • Have unsecured debts and assets less than the set amount.
  • Estimate your after-tax income for the next 12 months to be less than the set amount.

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