A Part 9 Debt Agreement is a formal alternative to bankruptcy under the Bankruptcy Act 1966. It allows you to settle your debts through a legally binding agreement with your creditors — often by paying a reduced amount over time. For many Australians, it can be a helpful way to avoid bankruptcy and regain financial control.
But Part 9 agreements are not suitable for everyone. They do affect your credit rating, your ability to get credit in the future, and may impact some types of employment or business activity. It’s important to understand the risks, your eligibility, and the long-term consequences before committing.
Law Tram connects you with lawyers who can explain how a Part 9 agreement works and whether it’s the right option for your financial situation.
Start by completing our secure online questionnaire. This step allows you to provide essential details about your financial situation and debt concerns.
Law Tram’s advanced technology generates a confidential legal summary of your situation while keeping your personal details private.
Your confidential legal summary is shared with our network of vetted lawyers who review your case to determine how they can assist.
If a lawyer believes they can help, they will initiate a chat with you through the Law Tram platform. Your contact details remain private unless you choose to share them.
You are under no pressure to retain any lawyer unless you are confident in their ability to assist. Law Tram empowers you to make informed decisions.
Law Tram’s Debt and Bankruptcy Consultation offers a secure, efficient and supportive way to connect with expert legal help. Whether you’re considering a Part 9 agreement, need help understanding your rights, or want to explore alternatives, our platform helps you access tailored legal advice from qualified lawyers.
Start your free, confidential consultation today. Please note that Law Tram does not assist in finding legal aid lawyers. If you are seeking legal aid, visit our dedicated legal aid page for more information.
Take the first step toward resolving your debt matter with clarity and peace of mind.
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