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Part IX Debt Agreement Proposal

Form number: Part IX Debt Agreement

A legally binding agreement to pay creditors a fixed amount (often less than 100c in the dollar) over an agreed term — up to three years, or up to five years if you own your home — without becoming bankrupt. Available if your unsecured debt, after-tax income and divisible assets are all under the indexed thresholds (around $137,000 each in 2025-26).

Official source

afsa.gov.au

Related topics

debt agreement · part ix · part 9 · afsa · avoid bankruptcy · debt restructure · debt settlement · pay creditors less · avoid bankruptcy australia · unsecured debt help · debt restructuring plan · creditor agreement · financial hardship debt · debt repayment scheme · bankruptcy

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