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What Happens When You Declare Bankruptcy and Purchasing A Home

Although bankruptcy has plenty of financial repercussions, it surely does not mean the end of the world. Many individuals file for bankruptcy for numerous reasons, and this number only escalates with the challenging economic conditions that we see today. According to statistics from the Australian Financial Security Authority (AFSA), there were 7,466 cases of bankruptcy [...]

By | 2018-07-09T05:24:30+00:00 April 21st, 2017|Bankrupt, blog|0 Comments

Top Things You Should NOT Do Before Going Bankrupt

Too many bills? Too much debt? Not nearly enough money? Most individuals struggle financially at some point in their lives. Unanticipated events like hospitalisation, redundancy, and also divorce, can severely transform your financial situation. But, when there is no other way to adequately control your debts, some folks are forced to file for bankruptcy. Going [...]

By | 2018-07-09T05:25:39+00:00 March 30th, 2017|Bankrupt, blog|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the best predicament to be in, however many people find relief in addressing their financial problems and starting afresh. Nobody is perfect, and people make mistakes. Yet too many men and women put off filing for bankruptcy for far too long. They choose to ignore the elephant in the room and [...]

By | 2018-07-09T05:25:39+00:00 March 27th, 2017|Bankrupt, blog|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everyone experiences challenging times in their life. Losing a job, serious illness, and unexpected pregnancies are just a few of these. A leading reason why these situations are so stressful is because financial troubles are often accompanied with them. In most cases, financial complications are the leading cause of divorce, and on the contrary, divorce [...]

By | 2018-07-09T05:25:11+00:00 March 24th, 2017|Bankrupt, blog|0 Comments

5 Tips For Repaying Your Christmas Debt

For most people, Christmas is viewed as the most jubilant time of year for both young and old. Most of us are ecstatic to finish 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 spending [...]

By | 2018-07-09T05:25:29+00:00 March 22nd, 2017|Bankrupt, blog|0 Comments

The top 3 concerns anyone is going to have with Bankruptcy in Hobart.

If you are overcome by debt and you are checking out at Bankruptcy, there are 3 repercussions you have to consider to start with. Income Loss For the 3 years you are actually bankrupt you may be needed to chip in some of your income back toward your debt despite being bankrupt. (see table below). [...]

By | 2018-07-09T05:25:54+00:00 January 3rd, 2017|Bankrupt, blog|0 Comments

Losing your house: How much do you know of Bankruptcy in Hobart?

Easily the most considerable issue numerous people have with Bankruptcy is without a doubt 'Can I manage to retain my home?' and it can be complicated, but occasionally it is achievable. The only reason where you will be required to sell your family house when you declare bankruptcy is if you have equity in the [...]

By | 2018-07-09T05:26:10+00:00 December 28th, 2016|Bankrupt, blog|0 Comments

Bankruptcy Troubles? Did you know that your Bankruptcy duration can be prolonged?

My goal today is to try and inform you regarding likely issues you could have with Bankruptcy so that you can stay clear of making errors! When it includes Bankruptcy, there is a great deal of difficulty and misinformation as a result of how tricky it could be, and how emotionally charged people are when [...]

By | 2018-07-09T05:26:40+00:00 December 20th, 2016|Bankrupt, blog|0 Comments

Bankruptcy in Hobart – Stressed about losing your home?

Bankruptcy in Hobart is a difficult procedure, but I know from meeting with thousands dealing with the possibility of going bankrupt over the years that the most terrifying facet is the concern of losing the family home. Nearly every person is on an emotional level attached to their home - it's where the kids have [...]

By | 2018-07-09T05:27:31+00:00 December 1st, 2016|Bankrupt, blog|0 Comments

Bankruptcy in Hobart – Who do I speak to?

Should I talk to my financial advisor about Bankruptcy? The response appears obvious doesn't it: if anyone knows your financial situation well in Hobart, It's going to be your accounting professional. Nonetheless, the short answer is a definite No! It's not that your accountant may not have your best interests in mind whenever it comes [...]

By | 2018-07-09T05:28:22+00:00 November 23rd, 2016|Bankrupt, blog|0 Comments