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Everything you should know about Bankruptcy Notices

If you have been given a bankruptcy notice or court order you must act immediately to prevent future distress. Owing someone money known here as a creditor, may be any person or business to whom you owe money. If you're unable to pay money to a creditor, the creditor will approach the Australian Financial Security [...]

By | 2017-10-27T03:08:40+00:00 September 26th, 2017|Bankruptcy, Liquidation|0 Comments

Australia’s Household Debt Crisis Looms

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

By | 2017-10-27T03:10:09+00:00 September 14th, 2017|Bankruptcy, Liquidation|0 Comments

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

There is grim news for company owners who have an ATO debt from 1st July 2017. Small businesses need to be careful of ATO Bankruptcy since the ATO may expose details of your tax debts to credit reporting agencies like Veda Advantage and Dun & Bradstreet. This will make it a lot more arduous for [...]

By | 2017-10-13T02:18:30+00:00 September 8th, 2017|Bankruptcy, Liquidation|0 Comments

What Stays On Your Credit Report And For How Long?

A credit report is a specific document that details your history with creditors and has a major effect on your future financial abilities. Having a 'good' credit report is common as long as you pay your bills and debt repayments on schedule. Having said that, overlooking a repayment on a bill or debt repayment can [...]

By | 2017-10-13T02:18:30+00:00 August 6th, 2017|Bankruptcy, Liquidation|0 Comments

What Is It Like To Go Bankrupt?

There's no question that bankruptcy isn't a desirable scenario to be dealing with. There are some major financial penalties involved and it's a very demanding and stressful process that will affect you financially for years to come. Ending up in mountains of debt can come about in a heartbeat, and many people end up in [...]

By | 2017-10-13T02:18:30+00:00 August 6th, 2017|Bankruptcy, Liquidation|0 Comments

Bankruptcy in Australia – What To Understand about Debt Collection

A lot of individuals struggle with financial troubles at some time in their lives, and the majority of these folks are very likely to be familiar with debt collectors. A debt collector is an individual whose job is to collect debts on behalf of a company. A debt collector can either be an employee of [...]

By | 2017-10-27T03:12:36+00:00 July 26th, 2017|Bankruptcy, Liquidation|0 Comments

Four Types Of People Who Have Money Problems

When it concerns money, a person's personality serves a meaningful role in their financial decision-making. Everybody is unique, and that's what makes us human, so it really shouldn't come as a surprise that there are specific types of personalities that are more likely to have money complications than others. It's difficult to adjust your personality [...]

By | 2017-10-13T02:18:30+00:00 July 18th, 2017|Bankruptcy, Liquidation|0 Comments

What Is Debt Consolidation?

All of us have seen the multitude of debt consolidation advertisements on TV. There is a lot of competition in the debt consolidation market because unfortunately, many individuals are struggling financially and these businesses provide much needed financial relief. Home loans, car loans, credit cards; people can obtain loans from a vast range of lenders [...]

By | 2017-10-13T02:18:30+00:00 June 22nd, 2017|Bankruptcy, Liquidation|0 Comments

What Happens After You File For Bankruptcy

Bankruptcy is not a decision that should be taken lightly. There are some heavy financial consequences involved and your financial freedom will be limited for years to come. This doesn't mean that filing for bankruptcy is the end of the world though. It should really be considered as the first step in securing a bright [...]

By | 2017-10-13T02:18:30+00:00 June 22nd, 2017|Bankruptcy, Liquidation|0 Comments

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

Experiencing financial hardship is a very stressful situation and sadly, millions of people around the world find themselves in this situation every day. Individuals in this scenario have numerous options to recover from their financial troubles, and bankruptcy should be considered as a last resort when all other alternatives have been exhausted. You've most probably [...]

By | 2017-10-13T02:19:43+00:00 June 14th, 2017|Bankruptcy, Liquidation|0 Comments