You’re probably feeling fearful and scared about dealing with your personal debt situation, to the point where you avoid answering your phone.
You may have made the error of thinking you could pay off your debt through your current income, only for other expenses to have emerged (or for your income to have unexpectedly reduced).
Whatever the reason, LemonAide is here to help provide the correct answers at the right time.
Owned a small clothing store that was forced to close due to lack of sales
Owed suppliers for months of inventory and had a significant tax debt
Traded as a sole trader, personally taking on the debt
Received threatening letters from suppliers but no action was taken
Jackie was on minimum wage, living pay check to pay check
No funds available to negotiate with suppliers or the ATO
It would take at least 12 years to pay all debts, assuming no interest charges
Bankruptcy would be the best option to deal with the debts within 3 years
LemonAide helped Jackie prepare for bankruptcy and complete the necessary forms
Supported her in answering questions from the bankruptcy trustee
Ensured she remained compliant with all obligations to be discharged within 3 years.
If you have debts, you can’t tackle within 10 years – let alone pay them all in 3 years – bankruptcy may be the right route for you. LemonAide is here to walk you through the process, explaining how declaring bankruptcy may affect you and any assets you have.
Personally guaranteed a significant contract with a finance company
His civil engineering company was liquidated 8 months earlier
Owed $77,000 and had opened a new company to run the business
Dragged in and out of court by the finance company
Investigated other viable options before resorting to bankruptcy
Attempted negotiations with the finance company on Kamal’s behalf
Pointed out that bankruptcy would leave no personal assets to satisfy the debt
Negotiated a payment arrangement and retention of some financed equipment
Settled on paying $50,000 over 5 months, saving Kamal $27,000
Bought time to pay the debt and save the new company and some assets
Ensured the payment arrangement was viable for Kamal to avoid defaulting
While we can’t guarantee what your outcome will be, we can confidently say that we will improve your long-term financial future through our expert strategies and assistance.
“Nathan was excellent in helping me to negotiate with my creditors. His strategic advice has saved me from personal bankruptcy and even saved my car. I can now move on in my financial life, financially free. Thanks Nathan.”
“Nathan was compassionate and professional whilst helping my husband and I save the business we built together. He made a stressful and emotional time so much easier. We would highly recommend anyone to Nathan as we know he will look after each and every one of his clients without judgement.”
“The strategies and advice Nathan gave me was nothing short of amazing. He explained things in simple terms for me to understand. I knew straight away he had my interest at heart first and foremost. It was so refreshing to deal with someone that was helpful and willing to go the extra mile for me.”