"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
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How to Cancel a Part IX Debt Agreement
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I am 44 years of age and earn between $60 - 65,000 a year and have little in the way of assets (no home).Around 2.4 years ago I entered into a part IX debt agreement (using Fox Symes) to repay…Continue
Tags: agreements, Debt
Started this discussion. Last reply by Bankruptcy ben May 8.
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FatCat replied to Stephen's discussion How to Cancel a Part IX Debt Agreement"Hi Stephen,
You can find the discussion started by Nikki that Di is referring to here:
Debt Bankruptcy
Regards,
FatCat
"
Di left a comment for Stephen"Stephen, I've just subscribed to monthly newsletter of Fat Cat's. Also, on 'Debt' there is a girl discussing her problems. Down at the end of the page is 'talk to an advisor'........Hope this helps you :)"
Di replied to Stephen's discussion How to Cancel a Part IX Debt Agreement"Nikki in the Darth Vadar outfit on money confessions has discussed part IX. If you find her on here, you will find that Nikki is good. I was told by someone to go bankrupt. It gets 'cleared' after 5-7 years, yet still no…"
Stephen posted a discussionHow to Cancel a Part IX Debt Agreement
I am 44 years of age and earn between $60 - 65,000 a year and have little in the way of assets (no home).Around 2.4 years ago I entered into a part IX debt agreement (using Fox Symes) to repay about$50,000 due to credit card debt. So I am paying back about $10,000 ayear over 5 years interest free. I pay $760 a month.At the time I was assured this was a better path then bankruptcy andstupidly believed this advice. Now almost everything I read impliesbankruptcy would have been the better option…See More
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Comment Wall (1 comment)
- At 21:30 on December 28, 2010, Di said…
- Stephen, I've just subscribed to monthly newsletter of Fat Cat's. Also, on 'Debt' there is a girl discussing her problems. Down at the end of the page is 'talk to an advisor'........Hope this helps you :)
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Bankruptcy ben replied to Stephen's discussion How to Cancel a Part IX Debt Agreement"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
Cliff Mearns replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"Ben, let's not lose the loop. How financiers view bankruptcy is not relevant to the discussion of an individual's capacity to pay something. Bankruptcy is being utilised as a means of evading debt obligations. "
Bankruptcy ben replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"I agree with the setiment however in reality there's nothing to encourage an individual to make a payment with a Debt Agreement! While technically it's different most financial companies regard it as the same as bankruptcy."
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