Questions about Bankruptcy Law changes are becoming are increasing dramatically at this very difficult time. So what changes have actually occurred recently to the Bankruptcy Laws. It seems there is an enormous amount of misinformation out there so in an attempt to clarify things we have put this notice together. As the COVID-19/Coronavirus continues to [...]
What happens to my Centrelink debts if I go bankrupt? As a general rule we have always told our potential clients not to count on having your Centrelink debt written off when you declare bankruptcy, however it seems more and more this is not the case. In most cases it has been our experience that [...]
Most Australians experience financial problems during their lifetime, and this is generally regarded as a typical fluctuation in our finances. But what if you're unable to resolve these issues yourself, but at the same time, you don't want to file for bankruptcy? Debt consolidation loans are a popular solution that relieves individuals of financial [...]
There's no question that financial troubles can trigger a lot of stress and anxiety in our lives. Constantly worrying about how you're going to pay your bills not only makes you distressed, but also places stress on your relationships, your family, and your well-being. The fact is, worrying about money isn't going to solve your [...]
Personally, I find there's nothing worse than being cold. Originating from Queensland, I'm used to the heat and it doesn't trouble me much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill skyrockets during the winter season and there's a few reasons for this. Not only are [...]
Declaring bankruptcy definitely isn't the end of the world, but it does have severe implications that will have a bearing on your finances in the coming years. I've found that in most cases, focusing efforts on creating a bright future is the best way for individuals to handle their bankruptcy and succeeding recovery. To do [...]
Many Australian's have only truly contemplated bankruptcy when playing a game of Monopoly with their friends! In spite of this, there are somewhere around 13,000 people that file for bankruptcy each year in Australia. It's astonishing how easily individuals can go from enjoying a healthy financial position to grappling a mountain of debt. Typically, events [...]
Nobody wants to look into bankruptcy, which is easy to understand given that bankruptcy will impair your financial situation for several years to follow. This may be one of the reasons why a lot of people don't seek financial help in times of need, because they are under the typical misconception that bankruptcy is the [...]
For a lot of Australian adults, debt is a part of our daily lives. Regardless if you want to advance your skills by obtaining a degree, buy a property for your family, or purchase a car so your family has transport, getting a loan is very common simply because we don't have sufficient money to [...]
Regardless if we understand it or not, our credit report has a meaningful influence on our lives. It's sort of like our health; we don't treasure good health until we lose it. Many individuals don't even learn that they have a poor credit report until they make an application for a personal line of credit [...]
