Bankruptcy and Centrelink Debts

What happens to my Centrelink debts if I go bankrupt? As a general rule we have always told our potential clients not to count on having your Centrelink debt written off when you declare bankruptcy, however it seems more and more this is not the case. In most cases it has been our experience that [...]

By | 2020-08-14T06:11:36+00:00 May 30th, 2019|Bankrupt, blog|0 Comments

What You Need to Know About Debt Agreements

Most Australians deal with financial troubles during their lifetime, and this is often considered a natural fluctuation in our finances. But what if you're unable to resolve these problems yourself, but at the same time, you don't want to file for bankruptcy?   Debt consolidation loans are a standard solution that relieves individuals of financial [...]

By | 2020-08-14T06:11:36+00:00 September 19th, 2018|Bankrupt, blog|0 Comments

Tips on How to Address Your Financial Troubles

There's no question that financial complications can bring about a lot of stress in our lives. Endlessly worrying about how you're going to pay your bills not only makes you distressed, but also places stress on your relationships, your family, and your health. The fact is, worrying about money isn't going to solve your financial [...]

By | 2020-08-14T06:11:36+00:00 September 19th, 2018|Bankrupt, blog|0 Comments

Tips On How to Save Money on Your Electricity Bill this Winter

Personally, I find there's nothing worse than being cold. Hailing from Queensland, I'm used to the stiffling sun and it doesn't worry me too much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill soars through the winter season and there's a couple of reasons why. Not [...]

By | 2020-08-14T06:11:37+00:00 September 19th, 2018|Bankrupt, blog|0 Comments

Bankruptcy and Child Support – Everything You Have to Know

Declaring bankruptcy certainly isn't the end of the world, but it does have considerable implications that will impair your finances in the years to come. I've found that in many cases, focusing efforts on creating a bright future is the best way for folks to deal with their bankruptcy and subsequent recovery. To do this, [...]

By | 2020-08-14T06:11:37+00:00 September 19th, 2018|Bankrupt, blog|0 Comments

Top 5 Tips on How to File For Bankruptcy in Australia

Most Australian's have only seriously thought about bankruptcy when playing a game of Monopoly with their mates! In spite of this, there are about 13,000 people that declare bankruptcy every year in Australia. It's uncanny how rapidly individuals can go from being in a balanced financial position to confronting a mountain of debt. Generally, events [...]

By | 2020-08-14T06:11:37+00:00 July 3rd, 2018|Bankrupt, blog|0 Comments

Top 3 Reasons For Personal Bankruptcy in Australia

No one likes to consider bankruptcy, which is easy to understand since bankruptcy will have an effect on your financial condition for several years to come. This may be one of the reasons why lots of people don't seek financial support in times of need, because they are under the typical misconception that bankruptcy is [...]

By | 2020-08-14T06:11:37+00:00 June 26th, 2018|Bankrupt, blog|0 Comments

The Difference Between Good Debt and Bad Debt – What You Need To Understand

For most Australian adults, debt is a part of our everyday lives. Regardless of whether you wish to enhance your skills by obtaining a degree, invest in a house for your family, or purchase a car so your family has transport, obtaining a loan is very common simply because we don't have sufficient money to [...]

By | 2020-08-14T06:11:37+00:00 June 24th, 2018|Bankrupt, blog|0 Comments

Best Ways to Repair a Bad Credit Report

Whether we realise it or not, our credit report has a serious influence on our lives. It's sort of like our health; we don't appreciate good health until we lose it. Most people don't even learn that they have a poor credit report until they make an application for a line of credit and it's [...]

By | 2020-08-14T06:11:37+00:00 June 20th, 2018|Bankrupt, blog|0 Comments

Everything you will want to know about Bankruptcy Notices

If you have obtained a bankruptcy notice or court order you must respond immediately to prevent future grief. Owing anyone money regarded here as a creditor, could be any person or organisation to whom you owe money. If you're unfit to pay money to a creditor, the creditor will reach out to the Australian Financial [...]

By | 2020-08-14T06:11:37+00:00 September 27th, 2017|Bankrupt, blog|0 Comments