Debt agreements, what are they, and when should we consider one?

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By Victoria Devine. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

A debt agreement is a formal way of settling a debt you can't service without going bankrupt, but when should we consider one? This episode discusses what to do when you can't pay back what you owe and the consequences you will face if you choose to go down that path.

The advice shared on She’s on The Money is general in nature and does not consider your individual circumstances. She’s on The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. Victoria Devine is an Authorised Representative of Australia Pacific Funds Management Proprietary Limited ABN 34 132 463 257 - AFSL 339151.

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