I need help to improve my Credit Score
I Need Help to Eliminate Debt
I Need Help with Bankruptcy
Bankruptcy will cancel your debt, allowing you to get on with living your life.
Everything is bigger, brighter and better in the Gold Coast, so we can understand if your levels of debt are bigger too. If you are struggling to repay your debts, then bankruptcy may be your best way out. Bankruptcy is a legal status that may allow you to overcome your financial hardships, when you declare bankruptcy, you will be released from your debts and your creditors will no longer be calling, emailing, sending letters, and knocking on your door
At Fix Bad Credit, we start by getting an in-depth understanding of your debt situation in order to develop a tailored solution that meets your current and future financial and personal goals. We then present to you your options for debt relief so you can make an informed decision about what’s best for you. Once you decide on the option that is best for you, we are more than happy to continue to help you, making the process as painless and stress free as possible.
How does Fix Bad Credit help?
It’s Fix Bad Credit’s job to present the options to help you find the best way to hit the reset button, clean the slate, and get on with life without debt holding you back. Our highly skilled, experienced bankruptcy experts will take care of all the uncomfortable requirements throughout the entire process, as you get on with living with your best life in the Gold Coast. Ensuring that when it’s time to come out the other side of bankruptcy, you are in the best shape possible to rebuild your financially secure future.
Will my credit score be affected?
Some people think that applying for bankruptcy means you will have a bad credit score for life. But this is wrong. Truth is, your score will be destroyed for the first three years after you declare bankruptcy, after this you are known as a “discharged” bankrupt. It can be a challenge to obtain loans during this period but it’s not impossible, and we can help. However, after 5 years (or 2 years after you are a discharged bankrupt) your credit score will improve and you can even get it looking perfect again.
How do you become bankrupt in the Gold Coast?
Bankruptcy is the process in which you legally declare you cannot pay your debts. To be eligible for bankruptcy in the Gold Coast, you must:
✓ Prove you are unable to pay your debts when they’re due
✓ Have a business or residential connection in Australia or be living in Australia.
✓ Prove you are unable to pay your debts when they’re due
✓ Have a business or residential connection in Australia or be living in Australia.
You can either chose yourself to become bankrupt (called voluntary Bankruptcy), or under certain circumstances your creditors may apply to Bankrupt you through the courts, which is called a Creditor’s Petition.
Once you have been declared bankrupt, you can either nominate a trustee or the Australian Financial Security Authority (AFSA) will appoint one for you, to manage your finances on your behalf.
There is no minimum debt amount required in order for you to declare bankruptcy. However, if you have more than $10,000 in debt with a particular creditor, and the creditor has unsuccessfully tried to recover the debts you owe them, they can force you into bankruptcy.
Bankruptcy usually only affects unsecured debts, this means debts that are not tied to an asset such as your credit card debt or personal loans.
Our Aim
At Fix Bad Credit, our mission is your financial freedom. One of our experts in Bankruptcy Advice in Gold Coast will carefully assess your personal and financial situation so we can tailor a personalised debt solution package to best meet your goals. Your personalised debt solution package will contain options to help you take back control of your debt and start you on your journey to financial freedom.
If you are desperate to get debt help in Queensland, we are just a call away. If you are faced with challenges paying money you owe, our team of experts can assist you with a detailed evaluation of your options. Dependent on your specific circumstances there are both informal and formal debt solution options available to you. The Fix Bad Credit team is experienced in providing all types of debt help in Gold Coast.
How entering bankruptcy may impact you:
If you are after bankruptcy advice in the Gold Coast, below are some matters that you need to assess and consider before entering into bankruptcy:
✓ Property/Assets – Some assets may be used to cover your debts.
✓ Your bank account – If you have over a certain amount of cash on hand in your bank account, it may be used to cover your debts.
✓ Money or property received while you are bankrupt – If you inherit or win money or property while you are in bankruptcy, it will be impacted.
✓ Paying contributions – If you earn over a certain amount, you may have to pay contributions towards your debts.
✓ Work – Some industries will not allow people to work in the profession if they are bankrupt.
✓ Company Director – You can only be a director of a company or otherwise actively involved in the management of a company, if approved by the court.
✓ Credit, rental property and other services – Your credit report will be impacted for up to 5 years or 2 years from your discharge, whichever is longer, and will be publicly listed on the National Personal Insolvency Index indefinitely. It may also have an effect on your ability to rent property, access telecommunications and other services.
✓ Restrictions on borrowing and trading – you can only borrow up to a certain amount, accept goods on credit or hire purchase up to a certain value, or offer to supply goods or services up to a certain value without disclosing to the lender or customer that you are an undisclosed bankrupt.
✓ Overseas travel restrictions – You can only travel overseas with the permission of your trustee.
✓ Limits on legal proceedings – You can only take or continue legal proceedings without the permission of your trustee except in relation to personal injury to you or your family.
✓ Property/Assets – Some assets may be used to cover your debts.
✓ Your bank account – If you have over a certain amount of cash on hand in your bank account, it may be used to cover your debts.
✓ Money or property received while you are bankrupt – If you inherit or win money or property while you are in bankruptcy, it will be impacted.
✓ Paying contributions – If you earn over a certain amount, you may have to pay contributions towards your debts.
✓ Work – Some industries will not allow people to work in the profession if they are bankrupt.
✓ Company Director – You can only be a director of a company or otherwise actively involved in the management of a company, if approved by the court.
✓ Credit, rental property and other services – Your credit report will be impacted for up to 5 years or 2 years from your discharge, whichever is longer, and will be publicly listed on the National Personal Insolvency Index indefinitely. It may also have an effect on your ability to rent property, access telecommunications and other services.
✓ Restrictions on borrowing and trading – you can only borrow up to a certain amount, accept goods on credit or hire purchase up to a certain value, or offer to supply goods or services up to a certain value without disclosing to the lender or customer that you are an undisclosed bankrupt.
✓ Overseas travel restrictions – You can only travel overseas with the permission of your trustee.
✓ Limits on legal proceedings – You can only take or continue legal proceedings without the permission of your trustee except in relation to personal injury to you or your family.
Each and every person’s situation is different. At Fix Bad Credit, we strongly recommend you speak with one of our debt experts to get an understanding of how your own personal and financial circumstances may be impacted. financial
Latest Blogs
Bankruptcy in the Era of COVID-19
The economic impact of COVID-19 is creating significant challenges for both individuals and businesses. As a result, commonwealth legislative changes came into effect from 25 March 2020 to provide immediate relief for people facing financial difficulty due to the economic impacts of COVID-19. The temporary changes included:
an increase in the debt threshold, which enabled creditors to apply for a bankruptcy notice
an increase to the timeframe for a debtor to respond to a bankruptcy notice
an increase to the temporary debt protection period available to debtors.
As of 1 January 2021, those temporary changes have ceased. An amendment has also been made to adjust the bankruptcy threshold. This means:
the minimum amount of debt that can trigger bankruptcy is $10,000, down from $20,000
temporary debt protection allows for 21 days relief from creditors, instead of six months.
Your Fix Bad Credit bankruptcy advisor in the Gold Coast can keep you advised of any other changes to the bankruptcy legislation if and when they come into effect.
Benefits Of Working With Fix Bad Credit
No more missed payments – unlike before when you had several bills to pay with different due dates, the Fix Bad Credit team in Melbourne can put together a payment plan for you where all you have is one payment each month, making it far easier to manage and much harder to forget.
Fix Bad Credit – The team at Fix Bad Credit in Melbourne will negotiate a repayment plan with your creditors that makes it easier for you to make your repayments on time and in full, demonstrating good repayment habits and avoiding defaults through late payments, improving your credit score.
No more annoying calls from creditors – lenders enlist the help of debt collectors to help collect payments from people who haven’t been paying up or who have a history of paying late. When you sign up with Fix Bad Credit, expect any calls from creditors to stop.
Get Your Free Credit and Debt Assessment Now
Reviews
I contacted a broker to get finance for a house and found out that I have a default on my credit report, they will stop me getting finance, my broker told me to contact fix bad credit which turns out to be great advice within one week they have remove the default from my credit report and now I can get my finance.
Andy Griffith
04:33 05 Nov 23
I had an issue with my credit report and i got it fixed within 2 weeks. Excellent work.
Bukassa Beloti
04:20 28 Oct 23
Cleaning up my credit rating is something I had been wanting to do for a while, but I wasn’t in a good position to. Things have changed and it was time to clean up my credit rating, I had also been putting this off due to the thought of it being stressful and costly. I contacted Fix Bad Credit and arranged a time to go over my credit rating, as soon as I got off the phone to Fix Bad Credit, I felt a massive sigh of relief. The customer service is something I’ve never received before along with the education they give you about your credit rating to continue to improve and not damage your credit rating. I highly recommend this company and will continue to for many years.
Ashlee Hawkins
04:45 27 Oct 23
I’m going for a mortgage and I had a few problems on my credit report, the team at fix bad credit helped me out and had everything done in a week,big thanks to CJ Espeically very helpful guy and would highly recommend to anyone looking at getting there credit file fixed.
Robert Bell
04:58 24 Oct 23
I had an issue caused by someone else. CJ and the staff at Fix bad credit were nothing short of outstanding. The understanding there knowledge and the compassion they gave me was sensational. They took the problem on, researched it and fixed it. From my experience these guys are the best in the business and highly recommend them.Thanks CJ you are NO 1.
Frank
11:50 19 Oct 23
I Would highly recommend the team at fix bad credit ,we were on the verge of losing our deposit and land due to a default and thank to the team the default has been removed.
slothbrah zyzz
03:14 19 Oct 23
I approached Cj and the team and Fix Bad Credit with multiple issues on my credit score, from the very first phone call I had with Cj he was very helpful and informative, he also understood why I was in the situation I was in and was more than willing to help, he knew I wasn’t able to pay money up front and was more than happy to let me go into a payment plan which has helped me a lot.
Alex Oxborrow
01:15 19 Oct 23
Highly recommend, fantastic services, brilliantHelped us refinance property ,So gladThank you
Baljit Kaur
02:53 17 Oct 23
Having Cj Credit repairs help me to restore my credit score so that I would be able to apply for loans and also be able to build a house is honestly a good feeling. This would have taken me 5 years until it could be cleared out but now it only took me a few weeks. I'm glad that they were able to resolve and fix my credit score even though it took a lot of back and forth with them and also with Panthera finance its all about patience and at the end the job was done. i would recommend them to anyone.
edward gondor
01:50 17 Oct 23
I had a bad credit rating, and came across Fix Bad Credit. They went above and beyond to help me, made it all so easy. I can’t recommend them enough to anyone!
Breeanna
10:10 16 Oct 23
I had an issue caused by someone else.CJ and the staff at Fix bad credit were nothing short of outstanding. The understanding there knowledge and the compassion they gave me was sensational. They took the problem on, researched it and fixed it. From my experience these guys are the best in the business and highly recommend them.Thanks CJ you are No 1.
Tony Delittle
22:29 13 Mar 23
I knew I had bad credit and it was something I had been avoiding for a long time. I stumbled upon CJ and the fix bad credit team by accident, and needless to say it was the best thing to happen to me. From the first point of contact to having my credit score repaired and looking good was a total of 17 days! The communication from CJ was easy to understand and regular. Since getting my score repaired he has also helped with brokers and getting me the finance I wanted! I couldn’t be happier and I can not recommend the fix bad credit team enough! All it takes is one phone call.
cameron williams
05:12 10 Feb 23
Impossible to overstate the importance of engaging the financial services sector with someone that understands how it works and the motivation of those involved. Carey has that knowledge in spades, knows how to use it to his clients best advantage and facilitate successful outcomes. His tenacity is frightening and I cannot recommend highly enough using FBC to champion what appear to be lost causes, and more importantly - win.
Jeremy Smith
02:22 23 Jan 23
Had to use 'fix bad' due to a couple of mistakes on my credit score. CJ was brilliant, quick, and effective and could not recommend him higher.
James Smith
04:43 17 Jan 23
When I reached out to CJ from Fix Bad Credit for enquiry removal information, CJ had given me the right advice and spent over half an hour with me for free and helped me save money as none of the enquiries were harmful, they just needed some time and also shared tips on how to improve the credit score. Thank you CJ! Highly recommended.
Sana Nazreen
23:51 29 Nov 22
They were very helpful, kept me in the loop with what is going on! Definitely well worth it if anyone is hesitant about their credit!
Deana Poggi
08:34 25 Nov 22
I found CJ to be professional, informative and able to offer an incredible service. Before my initial discussion with CJ, I had no idea how credit works. I have a 6 figure income and my credit score remained low, even after paying off debts/bills on time for the past 4+ years.After one consultation, we derived a plan on how to remove defaults, half my debts and refinance my loan to a company that report repayments. (Ultimately increasing my credit score)Purchasing a home looked impossible, until now.Can’t thank this business enough for the knowledge and service they’ve provided me.
Jorden Ortez
14:09 22 Oct 22
My dealing with CJ Horne was great. He spent some time on my file and advised me the best possible solution for my situation at the moment free of cost. I really appreciate his approach and honest piece of advice.
Hafiz Abdur Rehman
11:56 28 Aug 22
Unfortunately sometimes life happens.. sometimes you win... and sometimes someone sets up a fraud account in your name and you don’t find out until your financing your car!Rather than going via the long winded usually roots which take up to 3-6 months to remove fraud activity on a credit record- the team was able to remove this for me in less than 2 weeks!!!I was able to secure my car in time and at a lower rate. All thanks to CJ. 🙂
Larissa Thurley
08:33 23 Aug 22
CJ was amazing! Instead of trying to sell me something we didn’t need, he has directed us to someone who could actually help us get the proper finance options we needed. Thank you for doing the right thing and help us get to where we need to be.
Brooke Clarke
10:59 15 Aug 22
The guys from fox bad credit did a great job.. I wouldn’t go to anyone else these guys know what they are doing. I did initially have a complaint about them but I clearly jumped to conclusions and CJ dealt with it professionally and really helped me out.. thanks CJ
Luke Radin
06:05 12 Jul 22
I had a very good experience with fix bad credit who gave me good honest advice an helped me to fix my credit rating. Thanks.Highly recommend
luke messineo
01:50 04 Jul 22
Helped me double my Credit Score in span of less than 3 months. The team are so good at what they do. Definitely recommend them to everyone!
Aqueel Haisam
02:36 29 Jun 22
ONE WORD... AMAZING!CJ was just phenomenal to deal with, from start to finish and constantly reassured me that he would get it all sorted for meI had so many questions and he was beyond patient throughout the entire process (which was so damm easy might I add) and literally had everything fixed up within less than half the time originally advised.These guys are incredible at what they do and would defiantly 100% recommend to anyone.Genuinely changed my life so thank you!
Chantelle Mittz
07:41 08 Jun 22
Amazing Team of people working hard & truly passionate about getting people back on track to excellence. Thank you for your services
Jimmy William
20:34 29 May 22
Had a good experience, Fix Bad Credit has been helpful, good communication, provided knowledge and financial advise as well as providing goods customer service.
Kate Zituta
02:18 09 May 22
Fix bad credit made my day. The reoccurring spending habits that controlled my life were identified and have now been put in touch with the help I needed, this couldn’t have come sooner . Thank you
Andrew Padayachy
04:06 16 Apr 22
CJ was amazing. It's been a long process to fix my credit due to mistakes at a young age. So many other places were happy to take my money with no guarantee they will have success in helping. CJ told me plain and simple what I need to do and what will help. He didn't charge me a cent either. Gave his honest opinion woth a good 30 minute phone call and thoughts on what will genuinely help. I am going to put all this into place and give him a call in 6 months to discuss future moves towards buying a house. We all make mistakes in life and stress I've them. It's people like CJ that make you feel calm and believe it will all be ok with some solid advice. Thanks again CJ
James Tipping
05:11 02 Mar 22
I needed 2 defaults removed ( paid defaults ) and CJ produced the goods. Both defaults have now been removed and I can safely apply for finance for my home.Thanks once again mate. All the stress has been lifted !Cheers,Cam
Home Decore
03:52 15 Dec 21
James has really showed his utmost professionalism, got my credit issues fixed as quick as only 3 weeks. They are highly recommended.
Rocky Chen
03:54 27 Jul 21
Myself and my partner engaged another credit repair company to assist with default removals, and cleaning up the credit file.Unfortunately they took our money, and that was all. The ombudsman became involved, but in the end we were left with nothing.The Fix Bad Credit team offered to help. And they certainly did that. Credit score is now above 800 and they are now assisting us with a $60k debt.It’s been life changing. I strongly recommend if you have debt, or credit issues, to reach out to the team at Fix Bad credit. Thanks again Carey absolute legend!!!
RICKY B
07:54 13 Jul 21
I went to the Fix Bad Credit team as I was living with the burden each month trying to pay back debt due to unforeseen life circumstances that had occurred over the last few years which often led me taking time off work and only making the minimal payments. As a single parent I felt I wasn't getting anywhere. The Fix Bad Credit team have negotiated a massive saving for me and managed to consolidate the remaining debt into monthly affordable payments without interest being incurred. Any issues I may have had on my credit report and have now been removed. I look forward to being able to purchase a home in the future which wouldn't have been possible before. Thanks so much Fix Bad Credit Team, super grateful.
Kellie Lyndon-James
02:00 09 Jul 21
As a business owner I appreciated the transparency, fast response, professionalism and execution of the Fix Bad Credit team.We had some apprehension using a credit repair service. But after the experience and seeing the outcome, I will be recommending Fix bad Credit to my entire network.
Ignite Global Group
06:40 21 Jun 21
How It Works
Becoming Financially Free Is Easier Than You Think
Step 1: Identify
Asking for help is the hardest part. Which is why you get a personal debt and credit solution expert to confidentially review your unique situation and work with you every step of the way
Step 2: Plan
We then work with you, providing options for improving your credit, reducing debt and managing any repayments
Step 3: Repair
We can then assist with your chosen options each step of the way, implementing your unique credit and debt solution strategy
Step 4: Monitor
We offer an on-going service to continue to monitor your credit situation, regularly reviewing any changes to your credit score and identifying potential problems before they affect your financial well-being.
