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Bankrupt, Bankruptcy Advice

What Is It Like To Go Bankrupt?

There’s no question that bankruptcy isn’t the best situation to be grappling with. There are some unpleasant financial penalties involved and it’s a very tough and stressful process that will affect you financially for several years to come. Ending up in mountains of debt can happen in a heartbeat, and many people find themselves in this situation due to a variety of factors. Not being able to work due to illness is one of the most common reasons individuals declare

Debt Collection, Bankruptcy Advice

Bankruptcy in Australia – What To Know About Debt Collection

Lots of people wrestle with financial challenges at some point in their lives, and most of these individuals 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 company you owe money to, or they can be a 3rd party servicing a lender. As you can imagine, it’s not an easy task to squeeze

Money Issues, Bankruptcy Advice

Four Types Of People Who Have Money Issues

When it relates to money, a person’s personality represents a notable role in their financial decision-making. Everyone is unique, and that’s what makes us human, so it really shouldn’t come as a shock that there are certain types of personalities that are more likely to have money concerns than others. It’s tough to reshape your personality traits, in particular when you’re older, so simply comprehending how your personality affects your financial decisions may help you make better financial decisions down

debt consolidation, Bankruptcy Advice

What Is Debt Consolidation?

All of us have seen the multitude of debt consolidation advertisements on TV. There is a huge amount of competition in the debt consolidation industry because unfortunately, lots of individuals are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; individuals can obtain loans from a vast range of lenders for virtually anything in today times. The challenge is that all these loans are hard to manage and if you fall behind in your

Declare Bankruptcy, Bankruptcy Advice

What Happens After You File For Bankruptcy

Bankruptcy is not a decision that should be taken lightly. There are some major financial consequences involved and your financial freedom will be constrained for years to come. This doesn’t mean that declaring bankruptcy is the end of the world though. It should actually be considered as the first step in securing a bright financial future for you and your family. Millions of people file for bankruptcy each year and many of them have the ability to buy homes, cars

bankruptcy alternative, Bankruptcy Advice

Is Bankruptcy My Best Option? How To Know If Bankruptcy Is Right For You

Experiencing financial hardship is a pretty stressful situation and sadly, millions of people across the globe find themselves in this position every year. Individuals in this predicament have quite a few options to recover from their financial woes, and bankruptcy should be thought of as a last resort when all other options have been exhausted. You’ve most likely seen some of those debt consolidating companies offer their services on TV for example. Often, it can be confusing to try to

save money. Bankruptcy Advice

How To Save Money On Your Groceries

Providing food for your family is necessary and the costs of doing this can fluctuate greatly based on your mood, financial situation, and whether you’re hungry when you visit the supermarket! But the truth is that food is a significant expense for a lot of families, and uncovering ways to save at the grocery store can amount to a great deal of money over time. You may even be able to take the family on a holiday with all the

Money Issues, Bankruptcy Advice

Signs You May Be Having Money Problems

Everybody loves money, particularly spending it! Buying new toys or new clothes which make you feel and look good is important for your confidence and self-esteem. Yet how do you know if you’re good with money or not? Even if you get paid plenty of money doesn’t indicate you’re good with it. There are plenty of successful individuals who have serious issues with money solely because they weren’t familiar with the warning signs. In today’s world, it’s paramount to be

Effective ways to Recover After Filing for Bankruptcy

  Everybody loves money, particularly spending it! Buying new toys or new clothes which make you feel and look good is important for your confidence and self-esteem. Yet how do you know if you’re good with money or not? Even if you get paid plenty of money doesn’t indicate you’re good with it. There are plenty of successful individuals who have serious issues with money solely because they weren’t familiar with the warning signs. In today’s world, it’s paramount to be

Bankruptcy & Superannuation 3 Critical Questions

For most Australians superannuation can be an individual’s greatest asset, the idea of losing it when declaring bankruptcy is a very authentic concern for the majority of our clients. With certain parts of the economy doing fairly well and other parts undergoing difficult economic times, bankruptcy numbers in Australia still continue to increase. Economists don’t speak about Australia’s two-speed economy much anymore, but it certainly still is two-speed. With the help of a long-term boom in the Sydney and Melbourne