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Bankruptcy & Superannuation 3 Critical Questions

For the majority of Australians superannuation can be an individual's biggest asset, the thought of losing it when declaring bankruptcy is a very authentic concern for the majority of our customers. With certain parts of the economy doing relatively well and other aspects passing through difficult economic times, bankruptcy numbers in Australia still continue to [...]

By | 2017-05-19T05:51:29+00:00 May 19, 2017|Article, bankruptcy, blog|

What Happens When You Declare Bankruptcy and Purchasing A Home

Even though bankruptcy has various financial impacts, it surely does not represent the end of the world. Lots of folks file for bankruptcy for a number of reasons, and this figure only intensifies with the challenging economic conditions that we see today. According to information from the Australian Financial Security Authority (AFSA), there were 7,466 [...]

By | 2017-04-21T02:16:08+00:00 April 21, 2017|Article, bankruptcy, blog|

Top Things You Should NOT Do Prior to Going Bankrupt

Lots of bills? Too much debt? Not enough money? Most people struggle financially at some point in their lives. Unexpected situations such as hospitalisation, redundancy, or even divorce, can severely affect your financial circumstances. But, when there's no other way to appropriately cope with your debts, some folks are forced to file for bankruptcy.   [...]

By | 2017-03-31T00:17:02+00:00 March 31, 2017|Article, bankruptcy, blog|

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the best situation to be in, however lots of people find relief in addressing their financial problems and starting over. No one is perfect, and people make mistakes. Yet too many people hold off filing for bankruptcy for far too long. They prefer to ignore the elephant in the room and [...]

By | 2017-03-27T07:26:45+00:00 March 27, 2017|Article, bankruptcy, blog|

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everyone experiences difficult times in their life. Loss of employment, major illness, and unplanned pregnancies are just a couple of these. A leading reason why these events are so stressful is because financial troubles are typically accompanied with them. In many cases, financial difficulties are the leading cause of divorce, and likewise, divorce can be [...]

By | 2017-03-24T01:26:52+00:00 March 24, 2017|Uncategorized|

5 Tips For Repaying Your Christmas Debt

For many people, Christmas is considered the most delightful time of year for both young and old. Most of us are excited to wrap up the year of work or school and spend some quality time with family and friends. They don't call it the silly season for nothing either. Eating and spending too much [...]

By | 2017-03-22T01:13:56+00:00 March 22, 2017|Article, bankruptcy, blog|

What can I maintain when I’m Bankrupt – The bankruptcy means test.

Any time individuals worry about Bankruptcy, they fret about just how it will affect their day-to-day lives, and if they will be able to retain their home, vehicle, tools, and other important belongings. One of the ways that we can estimate this out is by utilizing the bankruptcy means test. It is something that we [...]

By | 2018-07-25T07:07:01+00:00 January 10, 2017|Uncategorized|

The top 3 concerns you are likely to have with Bankruptcy in Mackay.

If you are drowned by debt and you are checking out at Bankruptcy, there are undoubtedly 3 consequences you need to think about first. Income Loss For the 3 years you are actually bankrupt you may be needed to contribute some of your income back toward your debt despite being bankrupt. (see table below). This [...]

By | 2017-01-04T00:01:07+00:00 January 4, 2017|Article, bankruptcy, blog|

Losing your house: Just how much do you know of Bankruptcy in Mackay?

Easily the most considerable worry many have with Bankruptcy is without a doubt 'Can I manage to retain my house?' and it can be complicated, but in some cases it is achievable. The only reason where you will be required to sell your family residence when you declare insolvency is if you have equity in [...]

By | 2016-12-28T02:29:41+00:00 December 28, 2016|Article, bankruptcy, blog|

Bankruptcy Problems? Did you know that your Bankruptcy term could be prolonged?

My mission right now is to try and inform you regarding likely problems you may have with Bankruptcy to make sure that you can stay clear of making mistakes! When it includes Bankruptcy, there is a great deal of confusion and false information because of how complicated it might be, and how emotionally charged individuals [...]

By | 2018-07-05T07:23:22+00:00 December 20, 2016|Article, bankruptcy, blog|