AUTHORISATION AND APPOINTMENT AGREEMENT

ACKNOWLEDGMENT:

I appoint ALL DEBT SOLUTIONS PTY LTD ACN 164 961 693 (“ADS P/L”) to act for me

1. The client, hereby unconditionally appoints and authorises ADS P/L, or their nominees to act on the client’s behalf with respect to, but not limited to the following professional services (listed below at section 2.SERVICES PROVIDED) and/or negotiations relevant to the client's affairs and unconditionally agrees with the following terms and conditions:

2. SERVICES PROVIDED (where relevant)

a) Consultation and assistance in preparation of documentation for insolvency and debt negotiation matters

b) Preparation and lodgment of documents with a recommended registered Trustee, or relevant authority

c) Trustee referral services - Selection, provision and nomination of *Trustee

d) ADS’s unlimited consultation with, but not limited to the following ADS nominated professionals:

i. Registered Trustee/s, Registered Valuer/s, Legal representative/s, private Investigators (as required)

e) All attendance to SMS, telephone, emails, photocopying, filing, faxing, administration.

f) Court attendance/s via ADS nominated third parties, including engagement of a legal representative on the clients/ behalf (where applicable)

g) Our consultancy services are available as required until your matter is:

i. Resolved, concluded or remedied – or

ii. For the duration of any administration – or

iii. For a period, which does not exceed 36 months whichever is the lesser

3. PAYMENTS:

a) A 10% interest (calculated weekly) will be applied to outstanding balances owed by the client accruing from the “Payment date”

b) If payment by the client to ADS P/L is not made by the “Payment date”, ADS P/L may cease provision of its services and apply part payments towards the “Agreed Fee” item

c) Late payments may cause the provision of services to be delayed, terminated or rescinded

d) Prompt recovery action will commence, for any outstanding amounts owed

e) The client agrees to pay ADS P/L or their nominees the "all-inclusive" fee amount as stated under the "Agreed fee" on the “payment date” Item.

4. CLIENT RESPONSIBILITY and ACKNOWLEDGMENT.

a) The client agree that completion of all necessary documentation is the client responsibility

b) The client failure to meet any a required lodgment deadline may affect case outcomes

c) Documentation is to be completed by the client and returned to ADS P/L as directed

d) After appointment, any client- initiated cancellation of the requested services at any time may result in the forfeiture of any fees paid

e) The client authorises ADS P/L to register the client for an AFSA Online account and to prepare, complete and lodge any AFSA documentation on their behalf appropriate to the purposes of ADS’s engagement

f) The Client has access to ADS’s website "Useful Links" on Forms Page including AFSA to determine all options and the value of any services provided

5. APPOINTED TRUSTEE / ADMINISTRATOR (if applicable):

The appointed trustee/administrator will charge fees for the provision of their ongoing services and deduct fees from the proceeds of either the company liquidated assets or the client estate and/or from any negotiated debtor payment arrangement with creditors.

6. PURSUANT TO THE PRIVACY ACT LEGISLATION

On Appointment the client hereby authorises ADS P/L or their nominees to:

a) Act as the client agent in seeking access to any consumer credit information about us/me held by any credit provider and/or its agent

b) Disclose and discuss personal financial information about us/me with other professionals in connection with the provision of its services

c) This authority also applies to enquiries made by ADS P/L or their nominees in connection with but not limited to:

i. Any application, or proposed application, by the client for credit

ii. Any existing credit arrangements which may exist with a private or commercial credit provider

iii. The status of the client affairs with regard to the client creditors

d) Subject to item 2(g) This authority continues until revoked in writing by the client with 14 days

We provide Services for

Individuals & businessesThat Are Being Pursued For Debts.

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