DCS Group offers a variety of debt solutions for people in financial distress. This includes Debt Agreements, Personal Insolvency Agreements, Bankruptcy and more.

We’ll take the time to understand your situation and present you with a solution that is affordable and sustainable. Our consultants are located in Brisbane, Australia, so you will talk to someone in Australia every time. All have undergone extensive training and are passionate about helping individuals get out of debt.

Your debt analysis and savings estimate are completely free.  Our team will design a plan to put you back in control of your finances, provide an estimate on how much we’ll save you and let you know how fast you can be debt free. Should a proposed debt solution incur any costs we’ll be upfront with you, so there are no hidden fees or charges. All of your information and conversations are confidential and without judgement.

Once approved for debt relief we’ll manage creditors on your behalf, complete all necessary paperwork and stop any debt collector calls. You’ll be able to relax with one reduced, easy-to-manage interest-free payment, with access to a dedicated Team who will assist you in your journey to being debt free.

We have thousands of satisfied customers becoming debt free every year. They now live within their means, have built savings, and many now own their own home. We look forward to sharing this journey with you.

Debt Solutions

Debt Agreements

A Part 9 Debt Agreement is a debt solution if you are unable to meet your current debt repayments when they fall due.  Repayments are based on what you can afford. Interest is frozen at the date of acceptance and for the duration of agreement (if you choose to end the agreement or it is terminated interest will restart) . We’ll provide you with one easy to manage regular payment. The agreement requires approval by more than 50% of your creditors to proceed.

The agreement is recorded on your credit history. The agreement does not affect secured creditors rights to foreclose on property if you dishonour.

Formal insolvency agreements carry consequences. How these consequences affect people varies from person to person and will be discussed with you as an individual.

Personal Insolvency Agreements

For large debts or where you have a relatively high value of assets or income to your name, you may need to consider a Personal Insolvency Agreement rather than a Debt Agreement. Personal Insolvency Agreements are similar to Debt Agreements, but are generally for people who are ineligible for a Debt Agreement.

Bankruptcy Assistance

In some cases, particularly where a Debt Agreement is not affordable or desirable, you may consider Bankruptcy. Under Bankruptcy, all of your unsecured debts are wiped. However, the rules surrounding Bankruptcy are complex, so it’s important to speak with a trained consultant who can explain how it will impact you, given your particular financial circumstances and lifestyle.

Debt Management Plan

In situations where formal insolvencey options are not available due to career options, ineligibility or previous insolvency. We will negotiate a change to your loan and credit contract using hardship provisions and then manage those new arrangements for you. You will have one regular payment and a definite date you will be debt free, provided all payments are made.