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Bankruptcy & Superannuation 3 Critical Questions

For many Australians superannuation can be an individual's biggest asset, the feeling of losing it when filing for bankruptcy is a very honest concern for most of our customers. With certain aspects of the economy doing pretty well and other areas enduring tough economic times, bankruptcy numbers in Australia still continue to increase. Economists don't [...]

By | 2018-08-03T04:36:59+00:00 May 24th, 2017|Bankrupt, Liquidation|0 Comments

What Happens When You Declare Bankruptcy and Purchasing A Home

Whilst bankruptcy has a lot of financial repercussions, it surely doesn't represent the end of the world. Many individuals file for bankruptcy for numerous reasons, and this number only escalates with the harsh economic conditions that we witness today. According to statistics from the Australian Financial Security Authority (AFSA), there were 7,466 cases of bankruptcy [...]

By | 2018-08-03T04:36:05+00:00 April 25th, 2017|Bankrupt, Liquidation|0 Comments

Top Things You Should NOT Do Before Going Bankrupt

Too many bills? Too much debt? Not enough money? Many people struggle financially at some point in their lives. Uncontrolled incidents such as hospitalisation, losing a job, and also divorce, can drastically transform your financial situation. Yet, when there's no other way to properly manage your debts, some individuals are forced to file for bankruptcy. [...]

By | 2018-08-03T04:35:44+00:00 April 4th, 2017|Bankrupt, Liquidation|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the best predicament to be in, however lots of people find relief in dealing with their financial difficulties and starting over. Nobody is perfect, and people make mistakes. But a lot of individuals avoid filing for bankruptcy for far too long. They choose to ignore the elephant in the room and [...]

By | 2018-08-03T04:35:22+00:00 March 28th, 2017|Bankrupt, Liquidation|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everybody passes through difficult times in their life. Loss of employment, severe illness, and unplanned pregnancies are just a couple of these. A leading reason why these experiences are so traumatic is because financial problems are generally accompanied with them. In most cases, financial problems are the leading cause of divorce, and on the other [...]

By | 2018-08-03T04:34:58+00:00 March 24th, 2017|Bankrupt, Liquidation|0 Comments

5 Tips For Paying Off Your Christmas Debt

For many people, Christmas is seen as the most splendid time of year for both young and old. Most of us are inspired to wind up the year of work or school and devote some quality time with family and friends. They don't refer to it as the silly season for nothing either. Eating and [...]

By | 2018-08-03T04:34:22+00:00 March 22nd, 2017|Bankrupt, Liquidation|0 Comments

What can I maintain when I’m Bankrupt – The bankruptcy means test.

Any time individuals worry about Bankruptcy, they fret about how it will impact their day-to-day lives, and whether they will be able to keep their home, car, tools, and other important belongings. One of the ways that we can work out this out is by using the bankruptcy means test. It is something which we [...]

By | 2018-08-03T04:33:32+00:00 January 10th, 2017|Bankrupt, Liquidation|0 Comments

The top 3 priorities you are likely to have with Bankruptcy in Shepparton.

If you are drowned by debt and you are having a look at Bankruptcy, there are definitely 3 effects you need to look at first. Income Loss For the 3 years you are actually bankrupt you might have to contribute some of your income back toward your debt despite being bankrupt. (see table below). This [...]

By | 2018-08-03T04:27:10+00:00 January 4th, 2017|Bankrupt, Liquidation|0 Comments

Losing your home: Just how much do you know of Bankruptcy in Shepparton?

Easily the most significant worry many have with Bankruptcy is without a doubt 'Can I manage to retain my home?' and it can be complicated, but occasionally it is attainable. The only justification where you will be required to sell your family residence when you declare bankruptcy is if you have equity in the home [...]

By | 2018-08-03T04:17:15+00:00 December 28th, 2016|Bankrupt, Liquidation|0 Comments

Bankruptcy Problems? Did you know that your Bankruptcy term can be prolonged?

My mission right now is to try and inform you regarding potential troubles you may have with Bankruptcy to make sure that you can avoid making mistakes! When it involves Bankruptcy, there is a great deal of confusion and false information because of how tricky it can be, and how emotionally charged a lot of [...]

By | 2018-08-03T04:16:43+00:00 December 20th, 2016|Bankrupt, Liquidation|0 Comments