Pre-launch document. Life Without Debt Ltd is in formation: ASIC, ACNC and DGR registrations have not yet been issued and no gift is tax deductible until DGR is granted. Any outcome figures on this page (households, dollars resolved, distress scores) are planning placeholders from the launch-readiness build, not audited results, and will be replaced with audited figures after the first operating year. Verified founder facts: creditmediation.com.au/media.
A person dying at home should not be spending their last months on the phone to a bank.
Life Without Debt exists so they do not have to.
We do not lend money. We do not consolidate debt. We do not offer advice.
We fund the mediation work, performed by Credit Mediation Services Pty Ltd under Australian Credit Licence 387398, that resolves a dying person's debts before those debts follow their family.
Our first-year budget model plans for $1.82 million in debt resolved across 31 cases, at a budgeted $1,840 cost per case, with eighty-seven cents of every dollar donated going to direct service. These are targets; no cases have yet been funded by Life Without Debt.
It is efficient work because the mediation practitioners are experienced and the referral pathway is short. It is quiet work because the beneficiaries want it that way.
This December we are asking for the gift that funds the next thirty cases.
A gift of $1,840 is the budgeted cost of one full case, end-to-end.
That is our budgeted first-year cost per case. A planning number, labelled as budget until audited.
Whatever you give this month will land at the mediation-desk in January. Gifts are processed through /donate. Life Without Debt has applied for ATO Deductible Gift Recipient endorsement; until granted, donations are not tax-deductible. A receipt will be emailed to you; a compliant tax receipt will be issued once DGR endorsement is in place.
Thank you for reading this far. It is not an easy subject.