In a personal insolvency agreement

A personal insolvency agreement (PIA) can be a flexible way to come to an arrangement to settle debts without becoming bankrupt.

Currently in a personal insolvency agreement

Once creditors have accepted your personal insolvency agreement (PIA) at a meeting of creditors, you’ll receive a written notice with the voting outcome. If you’re not sure what the outcome is, contact your controlling trustee.

Understanding your personal insolvency agreement
What happens if your personal insolvency agreement is accepted? When does you debt agreement end? How to provide feedback on your trustee.
I need to update my agreement
You must notify your administrator or if your details change or if you forgot to add a debt in you agreement.
Trouble keeping up with your personal insolvency agreement

If your circumstances have changed, you may consider varying (changing) or terminating (cancelling) your personal insolvency agreement (PIA).

I'm having trouble paying my personal insolvency agreement
What are your options if you are struggling to maintain payments to your personal insolvency agreement? Information on varying or terminating your...
End of your agreement

When your agreement ends, most of your debts are released and you no longer need to pay them. However, there may be some debts that you still need to pay.

For more information see: What does a PIA cover?

 

Your name appears on the National Personal Insolvency Index (NPII) forever. This shows you have signed a controlling trustee authority (we also refer to this as a section 188 authority).

I need confirmation my agreement has ended
How to obtain confirmation your debt agreement or personal insolvency agreement has ended.
What happens after my agreement ends?
When your agreement ends, most of your debts are released, however there may be some debts that you still need to pay.