Bankruptcy and Centrelink Debts

What happens to my Centrelink debts if I go bankrupt? As a general rule we have always told our potential clients not to count on having your Centrelink debt written off when you declare bankruptcy, however it seems more and more this is not the case. In most cases it has been our experience that [...]

By | 2020-08-14T04:56:00+00:00 May 29th, 2019|Bankrupt, blog|0 Comments

What You Need to Know About Debt Agreements

Most Australians experience financial challenges during their lifetime, and this is often considered a normal fluctuation in our finances. But what if you're unable to work out these issues yourself, but at the same time, you don't want to file for bankruptcy?   Debt consolidation loans are a common option that relieves individuals of financial [...]

By | 2020-08-14T04:56:00+00:00 September 18th, 2018|Bankrupt, blog|0 Comments

Tips on How to Address Your Financial Difficulties

There's no doubt that financial issues can bring about a lot of anxiety in our lives. Always fretting about how you're going to pay your bills not only makes you anxious, but also places stress on your relationships, your family, and your health. The fact is, worrying about money isn't going to solve your financial [...]

By | 2020-08-14T04:56:01+00:00 September 18th, 2018|Bankrupt, blog|0 Comments

Effective Ways to Save Money on Your Electricity Bill this Winter

Personally, I find there's nothing more discomforting than being cold. Hailing from Queensland, I'm used to the humid sun and it doesn't trouble me much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill soars through the winter season and there's a few reasons why. Not only [...]

By | 2020-08-14T04:56:01+00:00 September 18th, 2018|Bankrupt, blog|0 Comments

Bankruptcy and Child Support – Everything You Need to Know

Declaring bankruptcy certainly isn't the end of the world, but it does have severe repercussions that will have a bearing on your finances in the years to come. I've discovered that most of the time, focusing efforts on building a bright future is the best way for people to handle their bankruptcy and subsequent recovery. [...]

By | 2020-08-14T04:56:01+00:00 September 18th, 2018|Bankrupt, blog|0 Comments

Top 5 Tips on How to File For Bankruptcy in Australia

Most Australian's have only truly contemplated bankruptcy when playing a game of Monopoly with their friends! Despite this, there are an estimated 13,000 individuals that declare bankruptcy each year in Australia. It's astounding how rapidly individuals can go from experiencing a balanced financial position to confronting a mountain of debt. Typically, situations such as loss [...]

By | 2020-08-14T04:56:02+00:00 June 27th, 2018|Bankrupt, blog|0 Comments

Top 3 Causes of Personal Bankruptcy in Australia

Nobody wants to consider bankruptcy, which is understandable since bankruptcy will influence your financial situation for years to follow. This may be one of the reasons why people don't look for financial help in times of need, because they are under the common misunderstanding that bankruptcy is the only way to resolve their financial problems. [...]

By | 2020-08-14T04:56:02+00:00 June 26th, 2018|Bankrupt, blog|0 Comments

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

For the majority of Australian adults, debt is a part of our daily lives. Whether or not you want to enhance your skills by earning a degree, invest in a house for your family, or buy a vehicle so your family has transport, obtaining a loan is very common simply because we don't have sufficient [...]

By | 2020-08-14T04:56:02+00:00 June 22nd, 2018|Bankrupt, blog|0 Comments

Best Ways to Improve a Poor Credit Report

Whether we acknowledge it or not, our credit report has a considerable effect on our lives. It's kind of like our health; we don't appreciate good health until we lose it. Lots of people don't even learn that they have a bad credit report until they apply for a personal line of credit and it's [...]

By | 2020-08-14T04:56:02+00:00 June 20th, 2018|Bankrupt, blog|0 Comments

Everything you will need to know about Bankruptcy Notices

If you have obtained a bankruptcy notice or court order you must act quickly to avoid future grief. Owing anybody money known here as a creditor, can be any person or organisation to whom you owe money. If you're unable to pay money to a creditor, the creditor will get in touch with the Australian [...]

By | 2020-08-14T04:56:05+00:00 September 26th, 2017|Bankrupt, blog|0 Comments