Help I can’t repay my loans, debts and cards

People who can’t repay their debts are technically insolvent. Personal insolvency includes bankruptcy, but also includes Part Nine debt agreements and personal insolvency agreements. These are options under the Bankruptcy Act where someone can repay some or all of their debts without going bankrupt.

If you are in trouble with your debts, call a free government funded financial counsellor on 1800 007 007.

Source: The Age