Category Archives: blog

What you should know long before you declare bankruptcy

Posted by:Charles Bosse

If you are overwhelmed by debt and you are taking a look at Insolvency Advice, there are 4 effects you must consider first. Credit Rating When it comes to Insolvency Advice in Australia, the process will commonly last for 3 years in most cases and for that 3 years your credit file will be marked…

Bankruptcy – Will I lose my home if I go bankrupt?

Posted by:Charles Bosse

Declaring Bankruptcy in Australia is a tricky process, but I know from meeting with thousands facing the possibility of bankruptcy over the years, that not much worries people more than the idea of losing the family home. Almost everyone is sentimentally connected to their home – it’s where the children have grown up, it’s where…

Bankruptcy – does it matter if it is voluntary?

Posted by:Charles Bosse

When it comes to Bankruptcy in Australia, usually people aren’t aware that there can be both voluntary, and involuntary bankruptcy – both have different approaches and rules. Involuntary bankruptcy occurs when somebody you owe money to applies to the court to declare you bankrupt. Commonly when you get one of these notices, you have normally…

Will my income be changed if I go bankrupt?

Posted by:Charles Bosse

Bankruptcy in Australia is a complicated process, and you need to make sure you get the right insight. And when it comes to your income being affected, the answer to the question is maybe. The first thing you have to know about going bankrupt is there is no limitation on how much you can earn….

Bankruptcy Information – Who exactly do I talk to?

Posted by:Charles Bosse

Should I speak with my accountant about Bankruptcy Information? The answer seems clear doesn’t it: if anyone knows your financial situation well in Australia, It’s going to be your accountant. However, the short answer is a resounding No! It’s not that your accountant won’t have your best interests at heart when it comes to Bankruptcy…

Bankruptcy Advice in Australia – Am I going to lose my job if I go bankrupt?

Posted by:Charles Bosse

Essentially everyone experiencing Bankruptcy Advice in Australia has this concern about their job, and the answer to the question is ‘maybe’. The trouble with some professions isn’t that you can’t do the job any longer, it’s more a problem of professional bodies or organizations that view bankruptcy in a dim light and can make things…

Bankruptcy Advice in Australia – Am I going to lose my job if I go bankrupt?

Posted by:Charles Bosse

Essentially everyone experiencing Bankruptcy Advice in Australia has this concern about their job, and the answer to the question is ‘maybe’. The trouble with some professions isn’t that you can’t do the job any longer, it’s more a problem of professional bodies or organizations that view bankruptcy in a dim light and can make things…

Changes that help Small Business and Entrepreneurs.

Posted by:Charles Bosse

5th February 2016 – By Charles Bosse Do you know how much Going Bankrupt in Australia is changing? The Australian Government at the end of 2015 suggested some underlying changes to the Bankruptcy Laws in Australia. One of the most significant of these is the length of time that a person is bankrupt for. Now,…

Going Bankrupt in Australia – Choices, Choice, Choices.

Posted by:Charles Bosse

When it comes down to Going Bankrupt in Australia, there are a lot of options that we get given depending on who we are, who we speak with, and exactly what has gone wrong. The most common confusion I see with Going Bankrupt is when it comes to choosing between Debt Consolidation, Personal Insolvency Agreements,…

Going Bankrupt – Are you going to get bitten?

Posted by:Charles Bosse

When people in Australia ask me about Going Bankrupt, I tell them the time-honored Native American Fable of the little boy and the Rattlesnake. An old rattlesnake asks a passing young boy to carry him to the mountain top to see one last sunset before he passes away. The boy was reluctant, but the rattlesnake…

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