Bankruptcy in Mackay
If you are feeling like you are entirely trapped and overcome by debt, then Bankruptcy Mackay can possibly aid you. Can you envision a future with no debt? A future devoid of blocked calls and juggling your finances on regular basis? If you are looking at going bankrupt there is one critical principle you must be aware of, and that is that the quicker you act the more alternatives you will have. In many cases it will only take a few days and you will be completely free from debt and you can start breathing again. Call now for a no cost consultation on 1300 795 575.
Is going bankrupt the correct choice?
This is a query only you can answer, of course, but there are circumstances where the choice to file for bankruptcy is a misstep. Put simply, there are 5 crucial ideas or questions you must answer.
The Big 5
- Is going bankrupt the ideal option for me?
- Will I lose my job?
- How will my pay be affected?
- Can I try to keep my house?
- Will I lose my company or can I still be self-employed?
If you would like to have these questions cleared up in detail, feel free to download “The Big 5” eBook that’s displayed on the home page here. Simply fill in your details and we will email it to you free of charge. If you just want some answers instantly feel free to phone us on 1300 795 575.
Who can give me the best advice about insolvency?
Getting helpful advice is easy, getting the most suitable advice is actually one of the hurdles with any kind of financial problem, and finding the correct person is even harder. The world of insolvency is very specialized and niche, and consequently there aren’t many of us around. Here at Bankruptcy Mackay it’s our specialty. Our friendly and highly qualified staff are here to aid you get the right advice the first time.
Who should I talk to?
Usually, people do a couple of things when they are considering this option. Firstly, they may talk to some close friends and/or browse the net. The trouble with each of those methods is that the information is generally imprecise and relatively generic. There are no two situations the same, as everyone has a distinct set of financial scenarios that must be considered in this process.
How about my Bookkeeper or Lawyer?
You might take a day off work and comb the phone book all day for an accountant or solicitor in Mackay that specializes in insolvency and you won’t find one that does bankruptcy work specifically. Accountants are great at saving you on your tax, and solicitors will help you buy your home and that’s about it. It’s not that they are not qualified of doing it; they just don’t get much demand for it. Our best customers are lawyers and accountants, as we closely liaise with them to assist their clients survive this very difficult process.
Should I appoint a liquidator?
When a Business Owner finds him or herself in an impossible financial situation they are usually encouraged to get in touch with a Liquidator and put the company into Voluntary Liquidation. The belief is that because you are paying the Liquidator they will look after your best interests and help you to get back on your feet. NOTHING IS FURTHER FROM THE TRUTH.
Although liquidators, administrators and receivers are usually nice individuals, they have a job to do. Once they are appointed, their duty is to your creditors (people you owe money to) and to the courts, not to you. They are to sell off assets to collect as much money as possible from the liquidated company to pay off these creditors. That’s it. If for one minute you think they will look after your best interests, you are wrong. You do not even factor into the equation. Remember, liquidators are not your friend! Call us before you appoint a liquidator on 1300 795 575.
What If I don’t intend to go bankrupt?
Can you help? If you don’t think bankruptcy is best for you, we understand. If you would like to discover some insolvency or debt management solutions, we can also assist you with the following approaches:.
- Company Liquidation.
- Small Business Bankruptcy.
- Debt Consolidation Loans.
- Personal Insolvency Agreements.
- Voluntary Administrations.
- Part 9, Part 10 and Section 73 proposals.
- Debt Agreements.
- Company Restructuring & Business Turnaround.
We an help you get back on your feet. Believe it or not, you have already done the hardest part by hopping on the net to find someone to help you, and it’s all easier after that so feel free to contact us today on 1300 795 575.