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 | 2020-08-17T00:42:32+00:00 June 21st, 2019|Bankrupt, Blog|0 Comments

What You Should Know About Debt Agreements

Many Australians wrestle with financial issues during their lifetime, and this is mainly considered a normal fluctuation in our finances. But what if you're not able to work out these issues yourself, but at the same time, you don't want to file for bankruptcy?   Debt consolidation loans are a standard solution that relieves folks [...]

By | 2020-08-17T00:42:32+00:00 September 20th, 2018|Bankrupt, Blog|0 Comments

Tips on How to Manage Your Financial Troubles

There's no doubt that financial challenges can inflict a lot of anxiety in our lives. Endlessly worrying about how you're going to pay your bills not only makes you distressed, but also puts stress on your relationships, your family, and your well-being. The fact is, stressing over money isn't going to solve your financial issues. [...]

By | 2020-08-17T00:42:32+00:00 September 20th, 2018|Bankrupt, Blog|0 Comments

How to Save Money on Your Electricity Bill this Winter

Personally, I find there's nothing worse than being cold. Hailing from Queensland, I'm used to the stiffling 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 during the winter months and there's a few reasons why. Not only are [...]

By | 2020-08-17T00:42:32+00:00 September 20th, 2018|Bankrupt, Blog|0 Comments

Bankruptcy and Child Support – Everything You Should Know

Declaring bankruptcy certainly isn't the end of the world, but it does have heavy consequences that will impact your finances in the future. I've found that in many cases, focusing efforts on building a bright future is the best way for folks to handle their bankruptcy and subsequent recovery. To do this, however, people must [...]

By | 2020-08-17T00:42:33+00:00 September 20th, 2018|Bankrupt, Blog|0 Comments

Top 5 Tips on How to File For Bankruptcy in Australia

The majority of Australian's have only honestly considered bankruptcy when playing a game of Monopoly with their friends! In spite of this, there are nearly 13,000 individuals that declare bankruptcy every year in Australia. It's extraordinary how rapidly people can go from enjoying a healthy financial position to facing a mountain of debt. In many [...]

By | 2020-08-17T00:42:33+00:00 July 4th, 2018|Bankrupt, Blog|0 Comments

Top 3 Reasons For Personal Bankruptcy in Australia

Nobody wants to consider bankruptcy, which is understandable given that bankruptcy will impact your financial situation for years to follow. This may be one of the reasons why many people don't look for financial assistance in times of need, because they are under the popular misunderstanding that bankruptcy is the only way to settle their [...]

By | 2020-08-17T00:42:33+00:00 June 26th, 2018|Bankrupt, Blog|0 Comments

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

For most Australian adults, debt is a part of our daily lives. Regardless if you want to enhance your skills by earning a degree, buy a house for your family, or purchase a car so your family has transportation, securing a loan is very common simply because we don't have sufficient money to pay for [...]

By | 2020-08-17T00:42:33+00:00 June 25th, 2018|Bankrupt, Blog|0 Comments

Best Ways to Repair a Poor Credit Report

Regardless if we realise it or not, our credit report has a considerable effect on our lives. It's kind of like our health; we don't treasure good health until we lose it. Lot of people don't even learn that they have a poor credit report until they apply for a line of credit and it's [...]

By | 2020-08-17T00:42:33+00:00 June 21st, 2018|Bankrupt, Blog|0 Comments

Weddings On A Budget – How To Save Money When Getting Married

Most of us have a pretty good understanding that weddings can be an expensive pursuit, but do you really know just how much the average wedding costs in Australia? A bit over $36,000, according to Australia's Money Smart website. And that was in 2012! In today's times, it's quite possibly somewhere around the $50,000 mark. [...]

By | 2020-08-17T00:42:33+00:00 April 6th, 2018|Bankrupt, Blog|0 Comments