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Everything you need to know about Bankruptcy Notices

  If you have been given a bankruptcy notice or court order you must act immediately to prevent future suffering. Owing anybody money referred to here as a creditor, may be any person or company to whom you owe money. If you're not able to pay money to a creditor, the creditor will reach out [...]

By | 2017-11-15T06:45:47+00:00 September 27th, 2017|article, Bankruptcy, Blog|0 Comments

Australia’s Household Debt Crisis Looms

  Today in the news, former economics advisor John Adams revealed that Australia is too late to avoid an 'economic apocalypse' despite his repetitive warnings to the political elites in Canberra. He went on to urge the Reserve Bank to raise interest rates to stop household debt getting further out of control. This bubble is [...]

By | 2017-11-15T06:46:14+00:00 September 14th, 2017|article, Bankruptcy, Blog|0 Comments

ATO Debts Becoming Unmanageable? Warning to all ABN holders, your ATO Debts may now cripple your credit rating. Beware of ATO Bankruptcy!

There is unfavourable news for business owners who have an ATO debt as of 1st July 2017. Small businesses have to be careful of ATO Bankruptcy since the ATO may impart details of your tax debts to credit reporting agencies such as Dun & Bradstreet and Veda Advantage. This will make it far more complicated [...]

By | 2017-09-11T01:45:05+00:00 September 11th, 2017|article, Bankruptcy, Blog|0 Comments

What Stays On Your Credit Report And For How Long?

A credit report is a specific document that records your history with creditors and has a considerable effect on your future financial opportunities. Having a 'good' credit report is conventional as long as you pay your bills and debt repayments on schedule. Having said that, skipping a repayment on a bill or debt repayment can [...]

By | 2017-08-07T05:03:28+00:00 August 7th, 2017|article, Bankruptcy, Blog|0 Comments

What Is It Like To Go Bankrupt?

There's no doubt that bankruptcy isn't the ideal scenario to be experiencing. There are some major financial implications involved and it's a very challenging and stressful process that will affect you financially for several years to come. Ending up in mountains of debt can come about very quickly, and many individuals end up in this [...]

By | 2017-08-07T05:00:30+00:00 August 7th, 2017|article, Bankruptcy, Blog|0 Comments

Bankruptcy in Australia – What To Know About Debt Collection

Lots of people wrestle with financial challenges at some time in their lives, and most of these individuals are very likely to be familiar with debt collectors. A debt collector is a person whose job is to collect debts on behalf of a firm. A debt collector can either be an employee of an organisation [...]

By | 2017-07-27T01:51:09+00:00 July 27th, 2017|article, Bankruptcy, Blog|0 Comments

4 Types Of People Who Have Money Issues

  When it relates to money, a person's personality plays a substantial role in their financial decision-making. Every person is unique, and that's what makes us human, so it really shouldn't come as a revelation that there are various types of personalities that are more likely to have money problems than others. It's difficult to [...]

By | 2017-07-18T23:35:11+00:00 July 18th, 2017|article, Bankruptcy, Blog|0 Comments

What Is Debt Consolidation?

Nearly all of us have seen the myriad of debt consolidation advertisements on television. There is a great deal of competition in the debt consolidation industry because sadly, many individuals are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; people can get loans from a huge variety of [...]

By | 2017-06-22T00:11:27+00:00 June 22nd, 2017|article, Bankruptcy, Blog|0 Comments

What Happens After You Declare Bankruptcy

  Bankruptcy is not a decision that should be taken lightly. There are some harsh financial repercussions involved and your financial freedom will be restricted for several years to come. This doesn't mean that filing for bankruptcy is the end of the world though. It should really be considered as the first step in securing [...]

By | 2017-06-19T02:38:01+00:00 June 19th, 2017|article, Bankruptcy, Blog|0 Comments

Is Bankruptcy My Best Alternative? How To Know If Bankruptcy Is Right For You

  Going through financial hardship is a really stressful situation and unfortunately, millions of individuals around the world find themselves in this position each year. People in this predicament have quite a few options to recover from their financial woes, and bankruptcy should be considered as a last resort when all other alternatives have been [...]

By | 2017-06-14T03:06:56+00:00 June 14th, 2017|article, Bankruptcy, Blog|0 Comments