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 — usually 3-5 years — 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.auRelated topics
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