Category Archives: Bankruptcy

Top 5 Tips on How to File For Bankruptcy in Australia

Most Australian’s have only really thought about bankruptcy when playing a game of Monopoly with their mates! Despite this, there are nearly 13,000 people that declare bankruptcy each year in…

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Top 3 Reasons For Personal Bankruptcy in Australia

No one likes to think about bankruptcy, which is understandable considering that bankruptcy will bear upon your financial condition for years to follow. This may be one of the reasons…

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

For almost all Australian adults, debt is a part of our daily lives. Whether or not you would like to further your skills by earning a degree, purchase a home…

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Best Ways to Repair a Poor Credit Report

Whether we understand it or not, our credit report has a substantial effect on our lives. It’s kind of like our health; we don’t cherish good health until we lose…

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Everything you need to know about Bankruptcy Notices

If you have received a bankruptcy notice or court order you must respond quickly to minimise future grief. Owing someone else money known here as a creditor, could be any…

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Australias Household Debt Crisis Looms 1

Australia’s Household Debt Crisis Looms

Today in the news, former economics advisor John Adams proposed that Australia is too late to stop an ‘economic apocalypse’ even after his continual warnings to the political elites in…

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ATO Debts Becoming Unmanageable? Notice to all ABN holders, your ATO Debts may now affect your credit rating. Beware of ATO Bankruptcy!

There is unfortunate news for business owners who have an ATO debt from 1 July 2017. Small businesses will need to be careful of ATO Bankruptcy since the ATO may…

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What Stays On Your Credit Report And For How Long

What Stays On Your Credit Report And For How Long?

A credit report is an in-depth document that lists your history with creditors and has a considerable effect on your future financial opportunities. Possessing a ‘good’ credit report is basic…

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What Is It Like To Go Bankrupt1

What Is It Like To Go Bankrupt?

There’s no doubt that bankruptcy isn’t the most desirable situation to be facing. There are some drastic financial penalties involved and it’s a very complex and stressful process that will…

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Bankruptcy in Australia - What To Understand about Debt Collection

Bankruptcy in Australia – What To Understand about Debt Collection

Many people face financial troubles at some time in their lives, and the majority of these folks are probably familiar with debt collectors. A debt collector is a person whose…

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