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What Happens When You Declare Bankruptcy and Purchasing A Home

Whilst bankruptcy has lots of financial consequences, it certainly does not represent the end of the world. Lots of people file for bankruptcy for numerous reasons, and this amount only escalates with the challenging economic conditions that we witness today. According to reports from the Australian Financial Security Authority (AFSA), there were 7,466 incidents of bankruptcy in Australia in the September 2014 quarter alone. Getting bankruptcy advice is imperative so you become informed of exactly what happens financially when you