Debt Repayment Plan (SIO)

A Debt Repayment Plan (SIO) is probably the best insolvency option for you if you owe less than $47,000 in unsecured debt and are able to make some repayments on your debts.

No Asset Procedures

A No Asset Procedure (NAP) is probably the best insolvency option for you if you owe less than $47,000, have no assets and have no extra money to make repayments on your debt.

Bankruptcy

Bankruptcy may be a good insolvency option for you if you owe more than $47,000.

Comparison Table

Use the Comparison table to determine the best solution for you.  

Find all you need to know about your insolvency options on this brochure.