Who We Are
Ours is a personal journey, one where our co-founder experienced the loss of his family home, accumulated $160,000 in credit card debt, a marital breakdown and the loss of his job.
We are committed to ensuring that our journey serves as a lesson to anyone experiencing financial distress and at risk of losing his or her family home. There is often deep shame and embarrassment felt when experiencing financial distress, but early intervention is critical in achieving a positive outcome.
Drowning in Debt? We’re here to help!
Debt is hard to ignore. When you’re staring down a ballooning credit card debt and fending off unrelenting phone calls from debt collectors, it can be a traumatic experience. You can’t bury your head in the sand and hope it will go away because it won’t! It will only get worst!
WHY US
Whilst other debt negotiation companies charge upfront fees with no guarantee of a successful outcome, our fee is payable based on the amount of money we save you in a negotiated debt settlement*. If there is no reduction in your debt there is no fee payable !
WHAT WE DO
Here at Drowning in Debt we specialise in debt negotiation, one of the most effective ways to regain control over your spiralling debt. Our dedicated team of experienced debt negotiation specialists assist both families and businesses to negotiate reduced settlements. And by working tirelessly on your behalf the results that we’ve achieved speak for themselves.
WHAT WE DON'T DO
We don’t do bankruptcies or insolvency agreements. Often our mediations help client’s avoid these steps.
The Drowing In Debt Process
TAKE OWNERSHIP
Taking ownership of my situation was the most confronting and difficult step towards moving forward. I’d blamed others for some time, but once I accepted that I had caused my situation and that I was responsible for addressing it, I was able to move forward and take practical steps towards a brighter future. This stage involves a full financial analysis of your current financial situation which was very painful indeed.
TAKE ACTION
I was consumed with the shame and humiliation of the situation I found myself in. My initial inaction caused me to lose the family home – if only I knew then what we’ve been able to support others with. Taking action however allowed me to address $160,000 of credit card debt. Procrastination was my biggest enemy.
SEEK ASSISTANCE
On reflection, I did not seek assistance early enough, and trying to do it all myself was a terrible decision, resulting in the loss of the family home. I was too emotionally invested in the outcome, which led to a number of poor choices along the way, and less than favourable financial outcomes.
I should have removed myself from the stress of the constant creditor phone calls and let someone experienced handle things on my behalf.