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Everything you will want to know about Bankruptcy Notices

If you have acquired a bankruptcy notice or court order you must respond rather quickly to reduce future distress. Owing someone money referred to here as a creditor, may be any individual or organisation to whom you owe money. If you're not able to pay money to a creditor, the creditor will consult the Australian [...]

By | 2017-11-20T05:36:18+00:00 September 28th, 2017|banrkuptcy, 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 stop an 'economic apocalypse' even after his continual warnings to the political elites in Canberra. He proceeded to insist the Reserve Bank to raise interest rates to stop household debt getting further out of hand. This bubble is [...]

By | 2017-11-20T05:38:28+00:00 September 14th, 2017|banrkuptcy, blog|0 Comments

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

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

By | 2017-11-20T05:38:51+00:00 September 12th, 2017|banrkuptcy, blog|0 Comments

What Stays On Your Credit Report And For How Long?

A credit report is a detailed document that records your history with creditors and has a major effect on your future financial capabilities. Having a 'good' credit report is standard as long as you pay your bills and debt repayments punctually. However, overlooking a repayment on a bill or debt repayment can cause substantial issues [...]

By | 2017-11-20T05:39:29+00:00 August 8th, 2017|banrkuptcy, blog|0 Comments

What Is It Like To Go Bankrupt?

There's no doubt that bankruptcy isn't the ideal scenario to be grappling with. There are some harsh financial implications involved and it's a very challenging and stressful process that will affect you financially for a couple of years to come. Ending up in mountains of debt can develop faster than you think, and many people [...]

By | 2017-11-20T05:39:56+00:00 August 8th, 2017|banrkuptcy, blog|0 Comments

Bankruptcy in Australia – What To Know About Debt Collection

Lots of individuals wrestle with financial problems at some point in their lives, and most of these individuals are probably 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 a business you owe money [...]

By | 2017-11-20T05:40:56+00:00 July 27th, 2017|banrkuptcy, blog|0 Comments

4 Types Of People Who Have Money Problems

When it comes down to money, a person's personality takes on a substantial 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 various personality types that are more likely to have money troubles than others. It's difficult to change [...]

By | 2017-11-20T05:41:28+00:00 July 19th, 2017|banrkuptcy, blog|0 Comments

What Is Debt Consolidation?

Most of us have seen the myriad of debt consolidation ads on TV. There is plenty of competition in the debt consolidation industry because unfortunately, many people are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; individuals can acquire loans from a large variety of lenders for virtually [...]

By | 2017-11-20T05:44:44+00:00 June 22nd, 2017|banrkuptcy, 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 implications involved and your financial freedom will be constrained for years to come. This doesn't imply that filing for bankruptcy is the end of the world though. It should actually be considered as the first step in securing a bright [...]

By | 2017-11-20T05:46:36+00:00 June 20th, 2017|banrkuptcy, blog|0 Comments

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

  Experiencing financial hardship is a considerably stressful situation and sadly, millions of individuals across the globe find themselves in this position each day. People in this scenario have a number of options to recover from their financial problems, and bankruptcy should be considered as a last resort when all other options have been exhausted. [...]

By | 2017-11-20T05:47:19+00:00 June 14th, 2017|banrkuptcy, blog|0 Comments