You’ll need a majority of your creditors (that also includes 75% of the value of your debt) to agree to a plan about how and when they will be paid. At the end of this period (usually between 3-5 years) your remaining debt is written off. You will need to get help from a lawyer or accountant to draft the agreement. This must be approved by a court but doesn’t have to involve the Official Assignee. A trustee is appointed to oversee the proposal. The trustee has to file a summary of receipts and payments with the court every six months. Once the proposal is approved your creditors can’t take action against you for those debts without the court’s permission.