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26 09, 2017

Everything you need to know about Bankruptcy Notices

By | 2017-10-10T07:49:15+00:00 September 26th, 2017|Bankrupt, Liquidation|0 Comments

If you have obtained a bankruptcy notice or court order you must take action quickly to avoid future suffering. Owing somebody money known here as a creditor, may be any individual or business to whom you owe money. If you're unable to pay money to a creditor, the creditor will call the Australian Financial Security [...]

13 09, 2017

Australia’s Household Debt Crisis Looms

By | 2017-10-16T23:25:34+00:00 September 13th, 2017|Bankrupt, Liquidation|0 Comments

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

8 09, 2017

ATO Debts Getting Out of Control? Warning to all ABN holders, your ATO Debts may now impair your credit rating. Beware of ATO Bankruptcy!

By | 2017-10-10T07:49:15+00:00 September 8th, 2017|Bankrupt, Liquidation|0 Comments

There is unfortunate news for business owners who have an ATO debt as of 1st July 2017. Small businesses will want to be careful of ATO Bankruptcy since the ATO may divulge information of your tax debts to credit reporting agencies such as Dun & Bradstreet and Veda Advantage. This will make it a lot [...]

3 08, 2017

What Stays On Your Credit Report And For How Long?

By | 2017-10-10T07:49:15+00:00 August 3rd, 2017|Bankrupt, Liquidation|0 Comments

A credit report is an in-depth document that specifies your history with creditors and has a notable effect on your future financial capabilities. Having a 'good' credit report is conventional provided that you pay your bills and debt repayments in a timely manner. On the other hand, skipping a repayment on a bill or debt [...]

3 08, 2017

What Is It Like To Go Bankrupt?

By | 2017-10-10T07:49:15+00:00 August 3rd, 2017|Bankrupt, Liquidation|0 Comments

There's no question that bankruptcy isn't the most desirable scenario to be facing. There are some serious financial repercussions involved and it's a very complicated and stressful process that will affect you financially for several years to come. Ending up in mountains of debt can materialise very rapidly, and many individuals find themselves in this [...]

26 07, 2017

Bankruptcy in Australia – What To Know About Debt Collection

By | 2017-10-10T07:49:15+00:00 July 26th, 2017|Bankrupt, Liquidation|0 Comments

A log of folks face financial troubles at some point in their lives, and most of these people 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 company you owe money [...]

18 07, 2017

4 Types Of People Who Have Money Problems

By | 2017-10-10T07:49:15+00:00 July 18th, 2017|Bankrupt, Liquidation|0 Comments

When it relates to money, a person's personality takes on a major role in their financial decision-making. Everyone is unique, and that's what makes us human, so it really shouldn't come as a shock that there are particular personality types that are more likely to have money issues than others. It's hard to modify your [...]

21 06, 2017

What Is Debt Consolidation?

By | 2017-10-10T07:49:15+00:00 June 21st, 2017|Bankrupt, Liquidation|0 Comments

Most of us have seen the myriad of debt consolidation advertising campaigns on television. There is a lot 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; individuals can get loans from a large variety of lenders [...]

16 06, 2017

What Happens After You Declare Bankruptcy

By | 2017-10-10T07:49:15+00:00 June 16th, 2017|Bankrupt, Liquidation|0 Comments

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

13 06, 2017

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

By | 2017-10-10T07:49:15+00:00 June 13th, 2017|Bankrupt, Liquidation|0 Comments

Going through financial hardship is a really stressful situation and sadly, millions of people around the world end up in this position every day. Individuals in this predicament have numerous options to recover from their financial distress, and bankruptcy should be regarded as a last resort when all other options have been exhausted. You've possibly [...]