Debt Negotiation
Welcome To CRS — Australia's largest & most trusted debt repair & credit restoration firm.
Do you have a low credit score, find it difficult to get a low-interest loan, or seek finance due to debt? CRS’ debt negotiation services can help you achieve your financial and personal goals.
- Are you experiencing financial difficulties and can’t afford to maintain your financial obligations due to unforeseen circumstances?
- Are you struggling to make debt repayments?
- Are you in a never-ending debt cycle?
- Do you want a solution that protects your credit rating?
We assist our clients with debt negotiation and hardship applications.
Our credit repair specialists have successfully provided relief via debt negotiation Australia-wide.
If you are experiencing financial problems and do not want to continue receiving collection calls, letters, and default notices, contact our qualified debt negotiation lawyers for prompt assistance.
Call us today for a confidential discussion or book a FREE, NO OBLIGATION initial consultation. Our debt recovery solicitors will contact you to assess your situation and confirm whether we can help.
Why Trust CRS?
- Committed to providing excellent levels of service to our clients
- We’ve assisted thousands of Australians in the same situation
- We have lawyers specialising in credit reporting, credit repair laws and credit restoration
- We provide fixed-fee service for your peace of mind
- We have a satisfaction guarantee
- We’re gold members of the Law Society and are accredited with the Australian Institute of Credit Management and AFCA
We’ll help get your credit back on track
CRS is more than just a debt negotiation firm. As experts in the field of credit repair, we’re pleased to offer all the services you need to improve your credit score. If you have late payments on your credit report that are holding you back, our late payment removal services are here to help. If you’ve recently shopped around for credit, we can help you remove credit enquiries that are lowering your credit score. We’re also able to help you remove a debt from your credit report, even when the default is correct. Don’t let bad credit prevent you from attaining the home loan or car loan you need — contact us today.
A message from our Principal Solicitor
Here is what Barbara our previous client had to say...
Working with Pasha and his team at CRS was such an experience. The whole team worked together so closely with to achieve the excellent results I needed. I loved their weekly updates on the progress. What a service!!
If you want to feel satisfied like Barbara does, contact us now to get started or call 1300 004 912 for a no-obligation consultation
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FAQs
Debt negotiation is a process where we work on your behalf to negotiate with your creditor to reduce the amount owing on your debts. Our debt negotiation program aims to settle your debts for less than what you currently owe. We contact each creditor, explain your financial hardship, and attempt to reach a mutually beneficial agreement. This may involve a lump sum payment or a structured payment plan. Our expert team handles all communication with creditors and debt collectors, allowing you to regain control of your finances without the stress of these difficult conversations.
Settling a debt through debt settlement negotiation can have various effects on your credit score. While paying off a debt is generally positive, the impact on your credit report depends on several factors. Initially, your score might dip slightly as the debt is marked as settled rather than paid in full. However, over time, as you continue to meet your financial obligations, your credit history should improve. It’s important to note that default listings may remain on your report for a period, but their impact lessens over time. We recommend obtaining a copy of your credit report after settlement to ensure all information is accurate.
There are five key considerations you should keep in mind when you’re choosing a debt negotiation service provider. Look for a provider with a strong track record in Australian debt negotiation, like Credit Repair Solicitors. We’re well-versed in local laws and regulations, including those set by the Australian Information Commissioner and the Australian Financial Complaints Authority.
Consider the following when choosing a provider:
- Experience in handling various types of debts, including credit cards, loans, or credit accounts
- Transparent fee structure
- Positive client testimonials
- Knowledge of Australian credit reporting agencies and laws
- Willingness to explain how they’ll contact the credit providers and negotiate on your behalf
A reputable credit repair company should offer a free initial consultation to assess your situation and explain how they can help you afford to pay off your debts. Remember, while debt negotiation can be an effective tool, it’s important to understand its potential impacts on your overall financial situation.
Debt negotiation involves working with creditors to reduce the amount owing on current debts, aiming to settle your debts for less than the full amount. Default removal, on the other hand, focuses on improving your credit report by addressing default listings. This process involves challenging incorrect or outdated entries on your credit history and potentially disputing errors with creditors.
While debt negotiation aims to reduce current debts, default removal seeks to improve your credit score by cleaning up past issues. At Credit Repair Solicitors, we often use both strategies to help clients resolve immediate financial pressures and improve long-term creditworthiness. This comprehensive approach can make it easier to access loans or credit in the future and effectively manage issues with debt collectors.