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Everything you have to know about Bankruptcy Notices

If you have been given a bankruptcy notice or court order you must act right away to minimise future pain. Owing anyone money referred to here as a creditor, can be any person or organisation to whom you owe money. If you're not able to pay money to a creditor, the creditor will consult the [...]

By | 2017-10-27T01:01:06+00:00 September 26th, 2017|Bankruptcy, Liquidation|0 Comments

Australia’s Household Debt Crisis Looms

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

By | 2017-10-11T06:15:15+00:00 September 14th, 2017|Bankruptcy, Liquidation|0 Comments

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

There is grim news for company 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 broadcast information of your tax debts to credit reporting agencies like Veda Advantage and Dun & Bradstreet. This will make it a lot more [...]

By | 2017-10-11T06:15:15+00:00 September 8th, 2017|Bankruptcy, Liquidation|0 Comments

What Remains on Your Credit Report And For How Long?

A credit report is a detailed document that shows your history with creditors and has a significant effect on your future financial capabilities. Having a 'good' credit report is basic provided that you pay your bills and debt repayments on schedule. However, missing a repayment on a bill or debt repayment can cause substantial problems [...]

By | 2017-10-27T01:12:17+00:00 August 4th, 2017|Bankruptcy, Liquidation|0 Comments

What Is It Like To Go Bankrupt?

There's no question that bankruptcy isn't the most desirable situation to be confronting. There are some unpleasant financial repercussions involved and it's a very tough and stressful process that will affect you financially for years to come. Ending up in mountains of debt can transpire faster than you think, and many people end up in [...]

By | 2017-10-27T01:13:57+00:00 August 4th, 2017|Bankruptcy, Liquidation|0 Comments

Bankruptcy in Australia – What To Know About Debt Collection

Lots of folks wrestle with financial problems at some time in their lives, and most of these folks are very likely to be familiar with debt collectors. A debt collector is a person whose job is to collect debts on behalf of a company. A debt collector can either be an employee of a firm [...]

By | 2017-10-27T01:15:05+00:00 July 26th, 2017|Bankruptcy, Liquidation|0 Comments

Four Types Of People Who Have Money Issues

When it relates to money, a person's personality plays 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 particular types of personalities that are more likely to have money complications than others. It's difficult to reshape your [...]

By | 2017-10-11T06:15:16+00:00 July 18th, 2017|Bankruptcy, Liquidation|0 Comments

What Is Debt Consolidation?

All of us have seen the plethora of debt consolidation ads on TV. There is a great deal of competition in the debt consolidation market because sadly, lots of individuals are struggling financially and these companies provide much needed financial relief. Home loans, car loans, credit cards; individuals can acquire loans from a broad variety [...]

By | 2017-10-11T06:15:16+00:00 June 21st, 2017|Bankruptcy, Liquidation|0 Comments

What Happens After You Declare Bankruptcy

Bankruptcy is not a decision that should be taken lightly. There are some major financial consequences involved and your financial freedom will be confined for years to come. This doesn't indicate 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 | 2017-10-11T06:15:16+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 considerably stressful situation and sadly, millions of people throughout the world end up in this position every day. People in this predicament have a number of options to recover from their financial burdens, and bankruptcy should be thought of as a last resort when all other options have been [...]

By | 2017-10-11T06:15:17+00:00 June 14th, 2017|Bankruptcy, Liquidation|0 Comments