Personal Insolvency Agreement kit
Personal Insolvency Agreement kit
What's included?
✓ Personal insolvency application form
✓ Deed template - easy to complete
✓ Template letters and worksheets
✓ Information booklet
✓ Step by step instructions
✓ Simple explanation of the law
Does not include Court or government fees
DIY PERSONAL INSOLVENCY AGREEMENT
The purpose of a Personal Insolvency Agreement (PIA) is to make arrangements between debtors and creditors, which protect the debtor from bankruptcy, but ensures that creditors receive an equal benefit. The keystone of a PIA is that it’s subject to the management of a controlling trustee.
A PIA results from creditors accepting a debtor’s proposal to settle their debts, however, unlike debt agreements, PIA’s are not subject to income, asset or debt thresholds. A PIA must be entered into by way of a Deed (included with this kit).
Get everything you need to apply for personal insolvency yourself and get a fresh start with this simple to follow kit. Includes an easy to complete personal insolvency deed template.
WHAT'S INCLUDED IN THIS KIT?
This kit includes:
Personal insolvency kit - Fillable PDF
PIA application form in an easy to fill PDF format and instructions to complete. Formal/informal options explained in a Information booklet.
Personal Insolvency Deed - Easy to complete Word template
Deed template with example wording and easy to complete fields, that is favourable to the debtor.
Plus other tools to manage your budget, such as template letters to creditors and an excel budget worksheet.
HOW IT WORKS
1. CLICK DOWNLOAD: Press the download button
2. YOUR DETAILS: Enter your personal details
3. PAYMENT: Enter your credit card details on a secure payment page. Download your kit straight away!
