I just read it again. @Coast_94 stated it well with a conclusion I agree with..
"What that statement means is that the act of engaging in an agreement with Chapter 2 will not constitute an insolvency event or a default that will be shown on their credit file."
Also on that announcement.
"This new consumer debt management mobile app can facilitate Australian clients manage their debts without impacting their credit profiles through Bankruptcy and PartIX Debt Agreements."
So a great product. No wonder Chapter Two service income is increasing dramatically.
If you have any further queries I am sure Chris will be able to answer them. Just go to their website. He pops up there asking if he can help.
GLTAH DYOR
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