Category Archives: blog
Temporary Changes to Australian Bankruptcy Laws due to COVID-19 Coronavirus.
Questions about Bankruptcy Law changes are becoming are increasing dramatically at this very difficult time. So what changes have actually occurred recently to the Bankruptcy Laws. It seems there is an enormous amount of misinformation out there so in an attempt to clarify things we have put this notice together. As the COVID-19/Coronavirus continues to…
What you DON’T want to do before you go bankrupt in 2020
Lots of bills? Too much debt? Not enough money? Lots of people struggle financially at some point in their lives. Unexpected events such as hospitalisation, losing a job, and even divorce, can seriously transform your financial condition. Yet, when there is no other way to adequately cope with your debts, some folks are forced to…
What You Should Know About Debt Agreements
Many Australians go through financial difficulties during their lifetime, and this is largely considered a typical fluctuation in our finances. But what if you’re not able to work out these difficulties yourself, but at the same time, you don’t want to declare bankruptcy? Debt consolidation loans are a customary solution that relieves folks of…
Tips on How to Manage Your Financial Issues
There’s no question that financial difficulties can inflict a lot of anxiety in our lives. Continually fretting about how you’re going to pay your bills not only makes you anxious, but also puts stress on your relationships, your family, and your well-being. The fact is, stressing over money isn’t going to solve your financial complications….
How to Save Money on Your Electricity Bill this Winter
Personally, I find there’s nothing worse than being cold. Originating from Queensland, I’m used to the stiffling sun and it doesn’t trouble me too much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill soars during the cold weather and there’s a few reasons why. Not only…
Bankruptcy and Child Support – Everything You Have to Know
Declaring bankruptcy most certainly isn’t the end of the world, but it does have severe repercussions that will impair your finances in the future. I’ve discovered that most of the time, focusing efforts on building a bright future is the best way for individuals to handle their bankruptcy and subsequent recovery. To do this, however,…
Top 5 Tips on How to Declare Bankruptcy in Australia
Many Australian’s have only really contemplated bankruptcy when playing a game of Monopoly with their friends! Despite this, there are roughly 13,000 people that declare bankruptcy each year in Australia. It’s astonishing how fast individuals can go from enjoying a balanced financial position to tackling a mountain of debt. In most cases, situations like loss…
The Difference Between Good Debt and Bad Debt – What You Need To Know
For most Australian adults, debt is a part of our day-to-day lives. Whether you wish to advance your skills by obtaining a degree, invest in a home for your family, or purchase a vehicle so your family has transportation, taking out a loan is very common simply because we don’t have enough money to pay…
Top 3 Reasons For Personal Bankruptcy in Australia
No one wants to consider bankruptcy, which is easy to understand considering that bankruptcy will influence your financial condition for several years to come. This may be one of the reasons why people don’t seek financial help in times of need, because they are under the general misunderstanding that bankruptcy is the only way to…
Best Ways to Repair a Bad Credit Report
Regardless if we realise it or not, our credit report has a meaningful effect on our lives. It’s kind of like our health; we don’t treasure good health until we lose it. Most individuals don’t even realise they have a poor credit report until they make an application for a personal line of credit and…
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