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Bankruptcy & Superannuation 3 Critical Questions

For a lot of Australians superannuation can be an individual's biggest asset, the feeling of losing it when filing for bankruptcy is a very real concern for a lot of our clients. With certain parts of the economy doing relatively well and other areas experiencing difficult economic times, bankruptcy numbers in Australia still continue to [...]

By | 2017-11-21T05:46:34+00:00 May 23rd, 2017|Bankrupt, Blog|0 Comments

What Happens When You Declare Bankruptcy and Buying A Home

Although bankruptcy has many financial consequences, it certainly doesn't signify the end of the world. Many people file for bankruptcy for plenty of reasons, and this number only intensifies with the difficult economic conditions that we experience today. According to information from the Australian Financial Security Authority (AFSA), there were 7,466 episodes of bankruptcy in [...]

By | 2017-11-21T05:47:09+00:00 April 24th, 2017|Bankrupt, Blog|0 Comments

Top Things You Should NOT Do Prior to Going Bankrupt

Lots of bills? Too much debt? Not nearly enough money? Most people struggle financially at some point in their lives. Unexpected events such as hospitalisation, redundancy, as well as divorce, can drastically affect your financial circumstances. But, when there's no other way to properly manage your debts, some people are forced to file for bankruptcy. [...]

By | 2017-11-21T05:48:03+00:00 April 4th, 2017|Bankrupt, Blog|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the preferred predicament to be in, however many individuals find relief in addressing their financial difficulties and starting afresh. No one is perfect, and people make mistakes. Yet too many individuals hold off filing for bankruptcy for far too long. They choose to ignore the elephant in the room and spend [...]

By | 2017-11-21T05:48:55+00:00 March 28th, 2017|Bankrupt, Blog|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everybody experiences difficult times in their life. Loss of employment, serious illness, and unplanned pregnancies are just a few of these. A leading reason why these incidents are so traumatic is because financial problems are commonly accompanied with them. In most cases, financial difficulties are the leading cause of divorce, and on the other hand, [...]

By | 2017-11-21T05:49:21+00:00 March 24th, 2017|Bankrupt, Blog|0 Comments

5 Tips For Repaying Your Christmas Debt

For the majority of people, Christmas is seen as the most pleasant time of year for both young and old. We all are delighted to wind up the year of work or school and devote some quality time with family and friends. They don't call it the silly season for nothing either. Eating and spending [...]

By | 2017-11-21T05:50:01+00:00 March 22nd, 2017|Bankrupt, Blog|0 Comments

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

Whenever individuals stress over Bankruptcy, they fret about just how it will affect their day-to-day lives, and if they will be able to keep their house, car, tools, and other essential belongings. One of the ways that we can work out this out is by utilizing the insolvency means test. It is something which we [...]

By | 2017-01-10T05:06:29+00:00 January 10th, 2017|Bankrupt, Blog|0 Comments

The top 3 concerns you are going to have with Bankruptcy in Shellharbour.

If you are destroyed by debt and you are taking a look at Bankruptcy, there are probably 3 effects you have to think about to begin with. 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 [...]

By | 2017-01-04T01:15:03+00:00 January 4th, 2017|Bankrupt, Blog|0 Comments

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

The most considerable concern numerous people have with Bankruptcy is without a doubt 'Will I manage to keep my house?' and it may be complicated, but in some cases it is attainable. The only reason where you will be obliged to sell your family residence when you declare insolvency is if you have equity in [...]

By | 2016-12-28T04:05:12+00:00 December 28th, 2016|Bankrupt, Blog|0 Comments

Bankruptcy Troubles? Did you know that your Bankruptcy term could be extended?

My goal right now is to try and alert you regarding potential issues you might have with Bankruptcy so that you can avoid making mistakes! When it involves Bankruptcy, there is a great deal of difficulty and misinformation due to how complicated it can be, and how emotionally charged persons are when they are experiencing [...]

By | 2016-12-20T07:38:04+00:00 December 20th, 2016|Bankrupt, Blog|0 Comments