In the wake of the ripples of recession affecting New Zealanders, a unique new Company has been quietly working away, getting Kiwis out of Debt and into a state of Financial Freedom.

Matthew Nutter, Managing Director of a new service for people wanting to get out of debt, says that at a time when all New Zealanders are feeling the pinch of recession and the high cost of living, his company is successfully providing a way to get out of the negative cycle of indebtedness.

Speaking from Auckland today, Mr Nutter said that his company, KiwiDebt NZ Ltd has just reached its 2 year anniversary. KiwiDebt specialises in offering a Debt Management Process, to manage people out of debt and pay their creditors in full.

"its not just low-income earners that are affected by the current economy" says Mr Nutter. "Many ordinary everyday New Zealanders, on good incomes are being trapped in the debt cycle, often through no fault of their own but simply by unfortunate sets of circumstances".

The KiwiDebt system, produces a managed and logical partnership between Debtors and Creditors and assists the Debtor to arrive at a realistic plan to pay their way out of debt and avoid such negative consequences as Debt Collection procedures and Bankruptcy.

"We have helped many New Zealanders out of debt - and to keep out of debt over the 2 years we have operated" says Matthew Nutter. "The system we use is one that I discovered while living in the UK and I could see on our return 3 years ago, that New Zealand badly needed a solution to a burgeoning problem".

KiwiDebt also sees itself as a valuable service to Creditors as well. "We are all about planned cooperation" says Mr Nutter. "Creditors see us as another means of keeping a positive relationship happening for the Debtor and payment of the debt to the Creditor, avoiding any need for more costly and drastic action that holds no positives for either party. Creditors rightly want their debt to be paid and they also don't want to ramp the relationship up to more drastic measures" he said.

"We effectively take all the stress and hassle off both Debtor and Creditor" says Matthew. "It's a total win-win situation for our clients - and the people to whom they owe money".