Everything you need to know about Bankruptcy Notices

If you have acquired a bankruptcy notice or court order you must act quickly to reduce future grief. Owing anyone money known here as a creditor, could be any individual or company to whom you owe money. If you're unable to pay money to a creditor, the creditor will contact the Australian Financial Security Authority [...]

By | 2017-12-18T00:10:47+00:00 September 26th, 2017|Article, bankruptcy, blog|0 Comments

Australia’s Household Debt Crisis Looms

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

By | 2017-12-18T00:09:47+00:00 September 14th, 2017|Article, bankruptcy, blog|0 Comments

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

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

By | 2017-12-18T00:09:15+00:00 September 8th, 2017|Article, bankruptcy, blog|0 Comments

What Remains on Your Credit Report And For How Long?

A credit report is a detailed document that shows your history with creditors and has a considerable effect on your future financial abilities. Possessing a 'good' credit report is conventional provided that you pay your bills and debt repayments on time. However, skipping a repayment on a bill or debt repayment can cause considerable complications [...]

By | 2017-12-18T00:12:32+00:00 August 6th, 2017|Article, bankruptcy, blog|0 Comments

What Is It Like To Go Bankrupt?

There's no question that bankruptcy isn't the best situation to be experiencing. There are some drastic financial penalties involved and it's a very complex and stressful process that will affect you financially for a couple of years to come. Finding yourself in mountains of debt can come about very rapidly, and many individuals find themselves [...]

By | 2017-12-18T00:12:15+00:00 August 6th, 2017|Article, bankruptcy, blog|0 Comments

Bankruptcy in Australia – What To Understand about Debt Collection

Lots of people wrestle with financial distress at some time in their lives, and the majority of these people are 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 enterprise [...]

By | 2017-12-18T00:10:19+00:00 July 26th, 2017|Article, bankruptcy, blog|0 Comments

4 Types Of People Who Have Money Problems

When it concerns money, a person's personality serves 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 surprise that there are certain personality types that are more likely to have money complications than others. It's tough to change your personality [...]

By | 2017-12-18T00:08:46+00:00 July 18th, 2017|Article, bankruptcy, blog|0 Comments

What Is Debt Consolidation?

Nearly all of us have seen the plethora of debt consolidation advertisements on TV. There is a great deal of competition in the debt consolidation market because unfortunately, many people are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; people can attain loans from a large variety of [...]

By | 2017-12-18T00:11:37+00:00 June 21st, 2017|Article, bankruptcy, blog|0 Comments

What Happens After You File For Bankruptcy

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

By | 2017-12-18T00:11:07+00:00 June 16th, 2017|Article, bankruptcy, blog|0 Comments

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

Experiencing financial hardship is a very stressful situation and sadly, millions of individuals around the world find themselves in this position each day. People in this predicament have quite a few options to recover from their financial burdens, and bankruptcy should be considered as a last resort when all other options have been exhausted. You've [...]

By | 2017-06-14T01:25:53+00:00 June 14th, 2017|Article, bankruptcy, blog|0 Comments