The New Year is unquestionably an ideal time to reflect on the previous year and make some resolutions to improve ourselves. Lots of people's resolutions revolve around becoming healthier, enhancing their career, or improving their financial position. Now we all recognise how difficult it can be to keep our New Year's resolutions, so it is [...]
Congratulations! You've successfully served your 3 year period of bankruptcy and have been discharged, so now what? You've clearly taken the appropriate steps to address your financial challenges by filing for bankruptcy, and all your debts are well behind you now. Despite this, there's still a good deal of work required to get your finances [...]
Christmas can be a wonderful time of year. Spending quality time with family, going on holidays, giving gifts to loved ones, and of course the noble Christmas meal! It's most certainly a time for giving, and with this comes expenses. It's very easy to go overboard with family holidays, gifts, and delicious foods; to let [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
