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What is a Debtstroyer Agreement?

A Debtstroyer Agreement is set up between you and your creditors allowing you to repay a reduced amount of your debt with minimal lasting consequences.

Unlike a formal Debt Agreement, a Debtstroyer Agreement won’t impact negatively on your credit rating and allows you certain financial freedoms you would otherwise be denied by declaring formal bankruptcy. Once you have entered a Debtstroyer Agreement those harassing phone calls from collectors and creditors will cease and you will be free to pay off your debt in peace.

Entering a Debtstroyer Agreement is simple. We will look at your financial situation and if a Debtstroyer Agreement is right for you we will work with your creditors to come up with a realistic, achievable and sustainable repayment plan. The repayment amount will be calculated according to your income, cost of living and debts. Often, this can mean you are only repaying a percentage of every dollar you owe with all future interest paused so you can repay your debt quickly and stress free.

This is a proactive solution set up between you and your creditors allowing you to repay your debts, take control of your life and gain financial freedom.

Types of Debtstroyer Agreements

A Debtstroyer Agreement doesn’t have to be an ongoing payment arrangement. Our professional team of debt negotiators can also arrange a lump sum debt settlement, a loan negotiation or a debt settlement. The type of Debtstroyer Agreement used will depend entirely upon your debts, your budget and your financial position both now and into the future. Types of Debtstroyer Agreements include:

  • Long Term Informal Agreement: this arrangement reduces the minimum repayments, freezes or significantly reduces interest, has no ‘typical’ term but may be several years and in many cases even reduces the principal debt amount.
  • Moratorium: a short-term arrangement which freezes or significantly reduces repayments and interest over a period of up to 12 months.
  • Debt Settlement: is designed to waiver, reduce debt or negotiate a single lump sum payment to settle outstanding debts.
  • Agribusiness: is a specific agreement to manage individuals caught up in failed agribusiness loan schemes. This could be a single lump-sum payment, a moratorium or long term payment arrangement, depending on the individual’s financial capacity.
  • Loan renegotiation: is a negotiation of current loan terms and conditions to reduce their minimum loan repayments or interest rate.
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