hi folks, i need some advice on debt consolidation. i had a business and i was acting as a sole trader. had a big downfall and lost all the market. i was using 3 personal credit cards at that time. now its been 2 years, i hav shut down the business and trying to work for a company. I owe $15'000 to bank (one bank-ANZ). they sold my account to a finance and debt collection company. now i'm in middle of a conversation with this debt collection agency to come up with some sort of agreemented amount. Now i want toknow whats the easy way to pay it off. shall i agree to an amount with this company or shall i get into debt agreement. I have spoken to debt relief and they advised that since i earn only $500 a week after tax , bankrupcy is the only option for me. I have a confusion, if me and debt collection agency come with a figure )lets say $8000) will have to pay in full? please help me as i'm a novice in finances. second thing, i want to invest some money in fund or share so that after some time i can pay the debt. i can save about $1200 every month in that fund or share.