An informal debt arrangement offers a flexible alternative to insolvency. Debts are combined into one affordable payment and all negotiations and communication are handled on your behalf.
Debt relief reduces, restructures, or eliminates debt taking the stress away and putting the power back in your hands. Your debt relief plan is customised to suit your individual needs.
Debt reduction lowers debt through debt waivers, reduced payments or frozen interest. Just Budget helps clients regain financial control via expert negotiation.
Just Budget’s debt mediation service eases stress by mediating communication and payments with creditors, reducing tension and avoiding miscommunication or penalties.
We are debt negotiation specialists. Our expert understanding of Australian debt laws and strong relationships with creditors mean we can effectively negotiate better outcomes for clients.
Debt resolution reduces or restructures debt through skilled negotiation. We have a proven track record of resolving debt issues thanks to our vast experience and expertise.
Debt management involves creating a structured plan to repay or manage debts more effectively, often by consolidating payments and negotiating better terms with creditors. It helps individuals regain financial stability and reduce stress.
Just Budget specialises in debt management, offering a number of tailored solutions to help make life affordable again. Take control of your finances and improve your quality of life with one of our proven debt management solutions.
Just Budget has the tools to help you become debt-free. Find out how our debt solutions work:
Name | Monthly Repayments Before Just Budget | NEW Monthly Payments |
---|---|---|
Iris | $5,462.81 | $3,000 |
Kristen | $7,771.41 | $3,000 |
Allan | $3,116.65 | $2,000 |
Flynn | $4,215.48 | $1,000.00 |
Joshua | $3,620.62 | $1,100 |
Ronda | $1,648.79 | $450.00 |
Christopher | $2,734.72 | $800.00 |
Toriann | $2,442.31 | $240.00 |
Gabrielle | $1,220.07 | $800.00 |
Dillon | $2,556.47 | $700.00 |
The figures in this table are from genuine client outcomes. The selections were taken at random and are not intended to represent or guarantee that other clients will achieve the same or similar outcomes. Each result is dependent on a range of factors.
From the above examples, we were able to achieve an average monthly repayment reduction of 67%.
This helps us understand what you can afford so you can get the best debt management solution possible.
This will be on your terms, based on what you can afford. You will only pay us moving forward.
With the new debt relief plan underway, you'll make easy, reduced payments to us until you're debt-free!
The first thing to remember is don’t panic. It’s easy to get overwhelmed when you have debt collectors demanding sums of money you don’t have.
At Just Budget, we want to reassure you that there is always a way forward.
The first step is to understand where your money goes, how much you owe and how much you can afford to pay while still keeping a roof over your head. This is why our free budget planner is a great starting point. You can do this alone, or with a consultant on the phone.
Next, we can analyse this data to get a clear picture of what to do moving forward. This budget forms part of the proposal we send to creditors, enabling us to negotiate reasonable and fair payment terms, taking the stress off your shoulders.
Absolutely not. Our goal is to help you get back under control and to put you into the driver’s seat of your finances.
We take transparency very seriously, so while we will manage your debts on your behalf, you will still be kept in the know every step of the way.
Once your debt is being managed and in control, you can get back on with life.
The last thing we want to do is to impact your credit future in a negative way. Our informal debt arrangement is a way to manage debt without taking the drastic step of a Part 9.
We will never push you towards a Part 9 Agreement without exploring other options first.
While Part 9 Debt Agreements can be an excellent option for some people, it certainly is not the only solution available, and it is definitely not our first option for our clients.
We recommend taking advantage of our free online budget planner to give you an idea of your full financial situation.
Alternatively, you could call or apply with Just Budget from the start, and we’ll do it with you.
Next, you need to get your debts in order. Applying for debt support with Just Budget is the easiest, most time-efficient, and best-value solution. We will do everything for you and support you every step of the way.
However, if you would like to start out on your own, it’s a good idea to prioritise your debts, starting with your home and essential bills:
If these are getting the better of you, you can always call creditors and request help with financial hardship.
You can also request financial hardship for less important debts such as:
There is a National Debt Helpline with a step-by-step guide to assist with prioritising your debts.
If this is too much to deal with, Just Budget will support your debt management plan to get you back to financial freedom.
If you qualify, a debt management plan could be finalised within 24 hours, and you could start enjoying the benefits immediately.
Just Budget Pty Ltd is a debt management specialist. Our primary goal is to remove the pressure from our clients and help Australians take back control of their finances.
With budgeting tools, debt reduction and debt mediation, we offer the full package to organise and reduce your debts.