How our Debt Solutions work
How The Process Works
What Happens Next?
Capital Debt Solutions will work with you to establish a list of creditors and calculate all of your provable unsecured debt. If you are eligible to submit a debt agreement proposal, Capital Debt Solutions will assist you with all your paperwork.
Understanding & Professional
When Experience Counts
Colin at Capital Debt Solutions has more than 16 years experience dealing with creditors within the financial services industry.
Our focus is on providing you with outstanding service, through our commitment to professional service and best practice methodology in everything we do.
Frequently Asked Questions
Fitting The Puzzle Together
Is my proposal automatically accepted?
No. creditors may reject your proposal if it is not in the best interest of your creditors, or if you are ineligible. Likewise, creditors are not obliged to accept your proposal and may vote against it. Additionally, if you are not able to manage your debt agreement and meet your regular payments put in place under the agreement. Then your financial problems could potentially worsen – it is imperative you are diligent and meet your agreed payments.
What happens if my Debt Agreement proposal is accepted?
Once your proposal is accepted, your creditors will not pursue you further. The Debt Agreement does not end until ALL your obligations made under the proposal are satisfied.