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Everything you will want to know about Bankruptcy Notices

If you have obtained a bankruptcy notice or court order you must respond rather quickly to reduce future suffering. Owing somebody money known here as a creditor, can be any person or business to whom you owe money. If you're not able to pay money to a creditor, the creditor will consult the Australian Financial [...]

By | 2017-11-16T05:16:20+00:00 September 28th, 2017|Article, Bankruptcy, Blog|0 Comments

Australia’s Household Debt Crisis Looms

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

By | 2017-11-16T05:16:59+00:00 September 14th, 2017|Article, Bankruptcy, Blog|0 Comments

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

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

By | 2017-11-16T05:18:01+00:00 September 11th, 2017|Article, Bankruptcy, Blog|0 Comments

What Stays On Your Credit Report And For How Long?

A credit report is an in-depth document that specifies your history with creditors and has a considerable effect on your future financial abilities. Having a 'good' credit report is common provided that you pay your bills and debt repayments on schedule. On the other hand, missing a repayment on a bill or debt repayment can [...]

By | 2017-11-16T05:18:37+00:00 August 8th, 2017|Article, Bankruptcy, Blog|0 Comments

What Is It Like To Go Bankrupt?

There's no question that bankruptcy isn't the ideal scenario to be experiencing. There are some serious financial repercussions involved and it's a very complex and stressful process that will affect you financially for several years to come. Finding yourself in mountains of debt can materialise in the blink of an eye, and lots of individuals [...]

By | 2017-11-16T05:20:38+00:00 August 8th, 2017|Article, Bankruptcy, Blog|0 Comments

Bankruptcy in Australia – What To Know About Debt Collection

Many individuals deal with financial challenges at some time in their lives, and the majority of these individuals are quite likely to be familiar with debt collectors. A debt collector is an individual whose job is to collect debts on behalf of an organisation. A debt collector can either be an employee of an enterprise [...]

By | 2017-11-16T05:24:33+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 takes on a notable role in their financial decision-making. Everybody is unique, and that's what makes us human, so it really shouldn't come as a shock that there are certain types of personalities that are more likely to have money problems than others. It's tough to alter [...]

By | 2017-11-16T05:35:48+00:00 July 19th, 2017|Article, Bankruptcy, Blog|0 Comments

What Is Debt Consolidation?

Most of us have seen the plethora of debt consolidation advertisements on TV. There is plenty 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 attain loans from a wide range of lenders for practically [...]

By | 2017-11-16T05:47:59+00:00 June 22nd, 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 major financial consequences involved and your financial freedom will be constrained for 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 a bright [...]

By | 2017-11-16T05:49:16+00:00 June 19th, 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 people throughout the world find themselves in this position each day. People in this predicament have various options to recover from their financial troubles, and bankruptcy should be thought of as a last resort when all other alternatives have been exhausted. You've most [...]

By | 2017-11-16T05:49:41+00:00 June 14th, 2017|Article, Bankruptcy, Blog|0 Comments