Part IX Debt Agreement – A Legally Binding Way to Take Control of Your Debt
Stop collection calls. Freeze interest. Make one affordable weekly repayment.
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How Part IX Debt Agreement Helps Australians?
If you're overwhelmed by debt and can’t see a way out, a Part IX (Part 9) Debt Agreement might be the legal protection and breathing space you need. At Debt Fix, we’ve helped thousands of Australians reduce their debt, avoid bankruptcy, and reclaim their lives through this tailored and ethical solution.
- Legally protected under the Bankruptcy Act 1966
- No upfront fees to get started
- 20+ years helping Australians from all walks of life
What Is a Part IX Debt Agreement?
A Part IX (Part 9) Debt Agreement is a formal alternative to bankruptcy. It allows eligible Australians to repay your unsecured debts under terms you can afford.
How It Works:
Legally freeze interest and fees on their unsecured debts - Stop creditor harassment and legal action
- Make one affordable repayment over 3 to 5 years
- Have remaining debts wiped upon completion
- No need to go to court
It’s not a loan. It’s a structured, legally binding agreement between you and your creditors tailored around what you can realistically afford to repay. It’s a legal alternative that gives you breathing room and protects you from creditor action.
When a Debt Agreement Might Be Right for You
You might be eligible for a Part IX Debt Agreement if
- You owe at least $4000 — 8000 in unsecured debts
- You can’t meet minimum repayments
- You've been rejected for debt consolidation loans
- You're juggling multiple credit cards or BNPL accounts
- You’ve fallen behind due to job loss, illness, divorce, or rising costs
Not sure? We’ll assess your situation confidentially and explain every option with zero pressure.
What Debts Can Be Included?
We can include most unsecured debts, such as
Credit cards 
Personal loans 
Payday loans
Buy Now Pay Later
Overdue bills & utilities 
ATO debts 
Medical bills 
Unsecured overdrafts 
Rental arrears 
Fine And Penalties
Secured debts (like mortgages or car loans) cannot be included but we may still be able to help
Key Benefits of a Part IX Debt Agreement
Stop the calls
Creditors and collectors must cease contact
One affordable repayment
Consolidate all your debts into a single weekly plan
Frozen interest
No more compounding fees dragging you down
Fixed end date
Complete the agreement in 3 to 5 years
No court
Everything handled online or by phone, with our full support
You can usually keep home
If you’re up to date on secured loans, you likely won’t lose property.
Can still apply for car loans or secured finance after completion (subject to lending criteria)
Available across NSW, VIC, QLD, WA, SA, TAS, NT & ACT
Who Is Eligible?
To qualify for a Part IX Debt Agreement, you must:
- Be insolvent (can’t pay debts as they fall due)
- Have under $150,950.80 in unsecured debts (indexed)
- Have after-tax income under the government threshold (approx. $113,213.10/year)
- Have divisible property worth under $301,901.60 (indexed)
- Not have been bankrupt or entered a Debt Agreement in the past 10 years
We’ll walk you through every step to confirm if this is the right fit for you. The debt, income and property thresholds above are set and indexed by the Australian Financial Security Authority (AFSA) each March and September; figures current as at 5 September 2026.
The Debt Fix Process – How It Works
Free Debt Assessment
Speak with one of our experienced consultants. We’ll review your budget, income, debts, and eligibility.
Tailored Proposal
If eligible, we prepare a debt agreement proposal. You’ll see the repayment plan before anything is submitted.
Proposal Sent to Creditors
We liaise directly with your creditors and submit the agreement through the Australian Financial Security Authority (AFSA).
Agreement Begins
If creditors vote ‘yes’, your repayments start. Interest and fees stop. Collection calls must cease.
Debt-Free Finish
After your final repayment, any unpaid eligible debt is legally written off. You’re free to move forward.
How Is a Part IX Different from Bankruptcy or Loans?
Yes
No
Yes
Yes (5 years)
Yes
Yes (5 years)
Yes
No
Yes
Yes
No
Yes
No(unless secured)
No(Usually not)
Yes
Yes
No
Yes
No(Minimal)
No
Yes
Unsure which option is best?
Is This the Same as Bankruptcy?
No, a Part IX Debt Agreement is not bankruptcy. It is a form of personal insolvency under the Bankruptcy Act, but it does not carry the same consequences.
Unlike bankruptcy:
- You can often keep your divisble property
- There are no court proceedings
- You may be able to apply for credit (subject to lender policies)
- Your employment and visa conditions are usually less affected
We’ll explain every difference clearly, so you can make the right decision for your future.
Who We Help
We support people across every part of Australia, including
- Young families overwhelmed by rising costs
- Casual and part-time workers juggling loans
- Sole traders and self-employed contractors
- Essential workers and public servants
- Centrelink recipients with repayment capacity
- Anyone who's fallen behind due to illness, job loss or separation
Why Debt Fix?
No Fix, No Pay
If we can’t help you, you don’t pay a cent
20+ Years Helping Australians
We’ve guided over 20,000 people toward financial recovery.
Personal Support
Real specialists who listen and act with empathy.
No Call Centres
100% Australian team.
We Start Work Before You Pay
Unlike many others, we begin helping immediately
What Australians Say About Debt Fix
Read Our Success Stories in Helping Australians go Debt Free
Over 20 years of success stories across every state in Australia
Ready to Take Back Control?
No more juggling repayments. No more interest stacking up. No more sleepless nights.
With Debt Fix, help starts with a single step and no upfront cost.
Serving clients across every city and region in Australia
