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How you can Recover After Filing for Bankruptcy

  There's no doubt that are some heavy financial repercussions in declaring bankruptcy, and there's no question that your life will experience some considerable changes. If you're in this position, don't be alarmed. The challenging economic times witnessed today means that a growing number of people are declaring bankruptcy. Actually, there are approximately 20,000 Australians [...]

By | 2020-08-14T02:42:37+00:00 May 24th, 2017|Bankruptcy, Liquidation|0 Comments

Bankruptcy & Superannuation 3 Critical Questions

  For most Australians superannuation can be an individual's greatest asset, the feeling of losing it when declaring bankruptcy is a very genuine concern for many of our customers. With certain parts of the economy doing quite well and other parts passing through tough economic times, bankruptcy numbers in Australia still continue to increase. Economists [...]

By | 2020-08-14T02:42:37+00:00 May 18th, 2017|Bankruptcy, Liquidation|0 Comments

What Happens When You Declare Bankruptcy and Purchasing A Home

While bankruptcy has lots of financial consequences, it certainly does not represent the end of the world. Many folks file for bankruptcy for a number of reasons, and this amount only intensifies with the challenging economic conditions that we experience today. According to data from the Australian Financial Security Authority (AFSA), there were 7,466 episodes [...]

By | 2020-08-14T02:42:37+00:00 April 21st, 2017|Bankruptcy, Liquidation|0 Comments

Top Things You Should NOT Do Prior to Going Bankrupt

Too many bills? Too much debt? Not nearly enough money? Lots of people struggle financially at some point in their lives. Unanticipated situations such as hospitalisation, redundancy, and even divorce, can greatly alter your financial circumstances. Yet, when there is no other way to effectively handle your debts, some individuals are forced to file for [...]

By | 2020-08-14T02:42:37+00:00 April 5th, 2017|Bankruptcy, Liquidation|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the preferred situation to be in, however lots of individuals find relief in addressing their financial problems and starting over. Nobody is perfect, and people make mistakes. But too many individuals avoid filing for bankruptcy for far too long. They choose to ignore the elephant in the room and spend years [...]

By | 2020-08-14T02:42:37+00:00 March 28th, 2017|Bankruptcy, Liquidation|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everyone passes through strenuous times in their life. Losing a job, serious illness, and unplanned pregnancies are just a couple of these. A leading reason why these experiences are so traumatic is because financial complications are normally accompanied with them. In many cases, financial challenges are the leading cause of divorce, and on the contrary, [...]

By | 2020-08-14T02:42:37+00:00 March 24th, 2017|Bankruptcy, Liquidation|0 Comments

5 Tips For Repaying Your Christmas Debt

For many people, Christmas is seen as the most pleasant time of year for both young and old. Most of us are thrilled to finish the year of work or school and enjoy some quality time with family and friends. They don't refer to it as the silly season for nothing either. Eating and spending [...]

By | 2020-08-14T02:42:37+00:00 March 22nd, 2017|Bankruptcy, Liquidation|0 Comments

What can I keep when I’m Bankrupt – The bankruptcy means test.

Whenever individuals stress over Bankruptcy, they worry about just how it will affect their day-to-day lives, and whether they will be able to retain their home, car, tools, and other important possessions.   One of the ways that we can estimate this out is by using the bankruptcy means test. It is something which we [...]

By | 2020-08-14T02:42:38+00:00 January 10th, 2017|Bankruptcy, Liquidation|0 Comments

The top 3 concerns anyone is going to have with Bankruptcy in Taree.

If you are drowned by debt and you are having a look at Bankruptcy, there are truly 3 consequences you need to think about to begin with. Income Loss For the 3 years you are bankrupt you might have to chip in some of your income back toward your debt despite being bankrupt. (see table [...]

By | 2020-08-14T02:42:38+00:00 January 4th, 2017|Bankruptcy, Liquidation|0 Comments

Losing your home: How much do you know of Bankruptcy in Taree?

The most significant concern many have with Bankruptcy is without a doubt 'Can I manage to retain my home?' and it can be complicated, but occasionally it is possible. The only reason where you will be required to sell your family home when you declare insolvency is if you have equity in the home so [...]

By | 2020-08-14T02:42:38+00:00 December 28th, 2016|Bankruptcy, Liquidation|0 Comments