Mr Broadbelt, who has also gone by the names of Dene Mussillon and Harrison O'Connor, was an announcer at Dubbo's ZOO FM before gaining notoriety in the region as the driving force behind the failed Infinity Music Festival.

In October last year he declared himself bankrupt but Mr Broadbelt said he was more mature now and the weight of his actions had become obvious.

"The mistakes that I've made have been a big kick in the backside," he said.

Mr Broadbelt said he made the decision after he thought about where he was and asked himself 'what's stopping me from living the life I could have had?'

"I'm going to stay true to my word. When I do go back and pay the creditors I will take a camera crew with me."

The money will be raised from the proceeds of the autobiography he was currently writing, Wrong Place, Wrong Time- My Life Story, Mr Broadbelt said.

Despite not having a publisher, Mr Broadbelt said he was planning on releasing the book in the new year and having his debts paid by October next year.

"I know the book probably will be successful," he said.

Half of the books profits will go to mental health and suicide prevention charity LIVIN.

"My parents split up when I was eight. I had no friends. School was a lonely time. If I'd received the help I needed during this crucial period of development... I'm not saying that I wouldn't have made mistakes, but certainly my experiences and lack of attention growing up contributed to my poor decisions," he said.

He said through his actions he lost a lot of people he cared about most but he was hopeful paying back the money he owed would be the first step to mending bridges.

Mr Broadbelt recently gave a brief talk to Moruya Primary School about bullying and said he would be travelling to another 25 schools across Australia.