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Everything you must know about Bankruptcy Notices

If you have acquired a bankruptcy notice or court order you must take action rather quickly to prevent future grief. Owing someone money referred to here as a creditor, may be any person or organisation to whom you owe money. If you're not able to pay money to a creditor, the creditor will talk to [...]

By | 2017-11-15T01:38:40+00:00 September 26th, 2017|Articles, 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' even after his repetitive warnings to the political elites in Canberra. He continued to insist the Reserve Bank to raise interest rates to stop household debt getting further out of hand. This bubble is [...]

By | 2017-11-15T01:39:11+00:00 September 14th, 2017|Articles, bankruptcy, blog|0 Comments

ATO Debts Becoming Uncontrollable? Warning to all ABN holders, your ATO Debts may now harm your credit rating. Beware of ATO Bankruptcy!

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

By | 2017-11-15T01:39:32+00:00 September 11th, 2017|Articles, bankruptcy, blog|0 Comments

What Remains on Your Credit Report And For How Long?

A credit report is a comprehensive document that details your history with creditors and has a notable effect on your future financial opportunities. Having a 'good' credit report is standard provided that you pay your bills and debt repayments on time. Having said that, overlooking a repayment on a bill or debt repayment can cause [...]

By | 2017-11-15T01:42:06+00:00 August 7th, 2017|Articles, bankruptcy, blog|0 Comments

What Is It Like To Go Bankrupt?

There's no question that bankruptcy isn't the best scenario to be confronting. There are some serious financial repercussions involved and it's a very exhausting 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 quickly, and lots of people find [...]

By | 2017-11-15T01:42:33+00:00 August 7th, 2017|Articles, bankruptcy, blog|0 Comments

Bankruptcy in Australia – What To Understand about Debt Collection

Lots of folks deal with financial hardship at some time in their lives, and most of these individuals are quite likely to be familiar with debt collectors. A debt collector is a person whose job is to collect debts on behalf of an organisation. A debt collector can either be an employee of a company [...]

By | 2017-11-15T01:43:12+00:00 July 27th, 2017|Articles, bankruptcy, blog|0 Comments

Four Types Of People Who Have Money Issues

When it comes down to money, a person's personality takes on a considerable role in their financial decision-making. Each person is unique, and that's what makes us human, so it really shouldn't come as a revelation that there are particular personality types that are more likely to have money complications than others. It's hard to [...]

By | 2017-11-15T01:44:06+00:00 July 18th, 2017|Articles, bankruptcy, blog|0 Comments

What Is Debt Consolidation?

We've all seen the multitude of debt consolidation advertising campaigns on television. There is a considerable amount of competition in the debt consolidation market because sadly, many people are struggling financially and these companies provide much needed financial relief. Home loans, car loans, credit cards; individuals can obtain loans from a vast variety of lenders [...]

By | 2017-11-15T01:44:51+00:00 June 21st, 2017|Articles, bankruptcy, blog|0 Comments

What Happens After You Declare Bankruptcy

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

By | 2017-11-15T01:45:27+00:00 June 19th, 2017|Articles, bankruptcy, blog|0 Comments

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

  Experiencing financial hardship is a particularly stressful situation and sadly, millions of individuals across the world find themselves in this position each year. Individuals in this situation have various options to recover from their financial problems, and bankruptcy should be thought of as a last resort when all other options have been exhausted. You've [...]

By | 2017-11-15T01:46:23+00:00 June 14th, 2017|Articles, bankruptcy, blog|0 Comments