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Everything you will need to know about Bankruptcy Notices

If you have been given a bankruptcy notice or court order you must act right away to reduce future grief. Owing someone else money known here as a creditor, may be any individual or company to whom you owe money. If you're unable to pay money to a creditor, the creditor will consult with the [...]

By | 2017-10-27T00:50:16+00:00 September 26th, 2017|Bankruptcy, Liquidation|0 Comments

Australia’s Household Debt Crisis Looms

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

By | 2017-10-27T00:51:48+00:00 September 14th, 2017|Bankruptcy, Liquidation|0 Comments

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

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

By | 2017-10-11T03:22:08+00:00 September 8th, 2017|Bankruptcy, Liquidation|0 Comments

What Stays On Your Credit Report And For How Long?

A credit report is a detailed document that contains your history with creditors and has a notable effect on your future financial capabilities. Possessing a 'good' credit report is normal provided that you pay your bills and debt repayments on time. Having said that, overlooking a repayment on a bill or debt repayment can cause [...]

By | 2017-10-27T00:53:12+00:00 August 3rd, 2017|Bankruptcy, Liquidation|0 Comments

What Is It Like To Go Bankrupt?

There's no doubt that bankruptcy isn't a desirable scenario to be grappling with. There are some severe financial implications involved and it's a very intricate and stressful process that will affect you financially for a couple of years to come. Ending up in mountains of debt can transpire in a heartbeat, and many individuals end [...]

By | 2017-10-27T00:53:39+00:00 August 3rd, 2017|Bankruptcy, Liquidation|0 Comments

Bankruptcy in Australia – What To Understand about Debt Collection

Lots of folks face financial hardship at some time in their lives, and most of these individuals 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 firm you owe money to, [...]

By | 2017-10-27T00:54:08+00:00 July 26th, 2017|Bankruptcy, Liquidation|0 Comments

4 Types Of People Who Have Money Problems

When it comes to money, a person's personality plays a meaningful role in their financial decision-making. Every person is unique, and that's what makes us human, so it really shouldn't come as a revelation that there are various types of personalities that are more likely to have money issues than others. It's tough to adjust [...]

By | 2017-10-11T03:22:08+00:00 July 18th, 2017|Bankruptcy, Liquidation|0 Comments

What Is Debt Consolidation?

Nearly all of us have seen the plethora of debt consolidation advertising campaigns on TV. There is a lot of competition in the debt consolidation market because sadly, many people are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; people can acquire loans from a vast variety of [...]

By | 2017-10-11T03:22:08+00:00 June 21st, 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 serious financial repercussions involved and your financial freedom will be constrained for several years to come. This doesn't mean that declaring bankruptcy is the end of the world though. It should actually be considered as the first step in securing a bright [...]

By | 2017-10-11T03:22:08+00:00 June 16th, 2017|Bankruptcy, Liquidation|0 Comments

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

Going through financial hardship is a very stressful situation and sadly, millions of people around the world end up in this position each year. Individuals in this scenario have quite a few options to recover from their financial problems, and bankruptcy should be regarded as a last resort when all other options have been exhausted. [...]

By | 2017-10-11T03:22:08+00:00 June 14th, 2017|Bankruptcy, Liquidation|0 Comments