Bankruptcy

Home/Bankruptcy

Bankruptcy & Superannuation 3 Critical Questions

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

By | 2017-11-15T01:30:10+00:00 May 22nd, 2017|Bankruptcy, Blog|0 Comments

What Happens When You Declare Bankruptcy and Purchasing A Home

Although bankruptcy has a lot of financial repercussions, it certainly does not signify the end of the world. Many folks file for bankruptcy for a number of reasons, and this figure only increases with the tough economic conditions that we observe today. According to data from the Australian Financial Security Authority (AFSA), there were 7,466 [...]

By | 2018-07-26T02:51:00+00:00 April 21st, 2017|Bankruptcy, Blog|0 Comments

Top Things You Should NOT Do Prior to Going Bankrupt

Too many bills? Too much debt? Not enough money? Most individuals struggle financially at some point in their lives. Unanticipated events such as hospitalisation, redundancy, or even divorce, can severely alter your financial circumstances. But, when there is no other way to adequately control your debts, some folks are forced to file for bankruptcy. Going [...]

By | 2018-07-26T02:50:36+00:00 April 5th, 2017|Bankruptcy, Blog|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the ideal predicament to be in, however many individuals find relief in addressing their financial issues and starting afresh. No one is perfect, and people make mistakes. But a lot of men and women avoid filing for bankruptcy for far too long. They choose to ignore the elephant in the room [...]

By | 2018-07-26T02:49:59+00:00 March 28th, 2017|Bankruptcy, Blog|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everybody passes through strenuous times in their life. Job loss, major illness, and unexpected pregnancies are just a few of these. A leading reason why these situations are so stressful is because financial complications are often accompanied with them. In most cases, financial problems are the leading cause of divorce, and likewise, divorce can be [...]

By | 2018-07-26T02:49:35+00:00 March 24th, 2017|Bankruptcy, Blog|0 Comments

5 Tips For Paying Off Your Christmas Debt

For many people, Christmas is seen as the most joyous time of year for both young and old. All of us are thrilled to wrap up the year of work or school and devote some quality time with family and friends. They don't call it the silly season for nothing either. Eating and spending a [...]

By | 2018-07-26T02:49:04+00:00 March 22nd, 2017|Bankruptcy, Blog|0 Comments

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

Any time people worry about Bankruptcy, they worry about how it will impact their day-to-day lives, and if they will be able to retain their house, vehicle, tools, and other essential possessions. One of the ways that we can estimate this out is by using the bankruptcy means test. It is something which we take [...]

By | 2018-07-26T02:48:46+00:00 January 10th, 2017|Bankruptcy, Blog|0 Comments

The top 3 priorities anyone is going to have with Bankruptcy in Wangaratta.

If you are drowned by debt and you are taking a look at Bankruptcy, there are truly 3 effects you should look at first. Income Loss For the 3 years you are actually bankrupt you might have to chip in some of your income back toward your debt despite being bankrupt. (see table below). This [...]

By | 2018-07-26T02:48:24+00:00 January 4th, 2017|Bankruptcy, Blog|0 Comments

Losing your home: Just how much do you know of Bankruptcy in Wangaratta?

Easily the most considerable concern numerous people have with Bankruptcy is without a doubt 'Can I manage to keep my home?' and it can be complicated, but occasionally it is achievable. The only good reason where you will be obliged to sell your family house when you declare bankruptcy is if you have equity in [...]

By | 2018-07-26T02:48:00+00:00 December 28th, 2016|Bankruptcy, Blog|0 Comments

Bankruptcy Troubles? Did you know that your Bankruptcy duration can be extended?

My objective today is to try and inform you about potential troubles you may have with Bankruptcy to make sure that you can stay clear of making mistakes! When it involves Bankruptcy, there is lots of complication and misinformation due to how tricky it can be, and how emotionally charged individuals are when they are [...]

By | 2018-07-26T02:47:32+00:00 December 21st, 2016|Bankruptcy, Blog|0 Comments