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 | 2020-08-14T05:17:03+00:00 May 29th, 2019|Bankrupt, Blog|0 Comments

What You Need to Know About Debt Agreements

Most Australians deal with financial difficulties during their lifetime, and this is largely considered a typical fluctuation in our finances. But what if you're unable to work out these challenges yourself, but at the same time, you don't want to declare bankruptcy?   Debt consolidation loans are a popular option that relieves individuals of financial [...]

By | 2020-08-14T05:17:03+00:00 September 18th, 2018|Bankrupt, Blog|0 Comments

Tips on How to Manage Your Financial Problems

There's no doubt that financial concerns can create a lot of stress in our lives. Continuously worrying 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, stressing over money isn't going to fix your financial challenges. [...]

By | 2020-08-14T05:17:03+00:00 September 18th, 2018|Bankrupt, Blog|0 Comments

How to Save Money on Your Electricity Bill this Winter

Personally, I find there's nothing more discomforting than being cold. Originating from Queensland, I'm used to the stiffling heat 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 season and there's a number of reasons why. Not [...]

By | 2020-08-14T05:17:03+00:00 September 18th, 2018|Bankrupt, Blog|0 Comments

Bankruptcy and Child Support – Everything You Need to Know

Filing for bankruptcy really isn't the end of the world, but it does have significant consequences that will have an effect on your finances in the years to come. I've found that most of the time, focusing efforts on creating a bright future is the best way for individuals to deal with their bankruptcy and [...]

By | 2020-08-14T05:17:04+00:00 September 18th, 2018|Bankrupt, Blog|0 Comments

Top 5 Tips on How to File For Bankruptcy in Australia

Many Australian's have only seriously thought about bankruptcy when playing a game of Monopoly with their mates! Despite this, there are close to 13,000 people that declare bankruptcy yearly in Australia. It's incredible how fast people can go from experiencing a healthy financial position to tackling a mountain of debt. Usually, circumstances such as loss [...]

By | 2020-08-14T05:17:04+00:00 July 5th, 2018|Bankrupt, Blog|0 Comments

Top 3 Causes of Personal Bankruptcy in Australia

No one likes to consider bankruptcy, which is understandable given that bankruptcy will disturb your financial condition for several years to come. This may be one of the reasons why individuals don't look for financial help in times of need, because they are under the common misconception that bankruptcy is the only way to settle [...]

By | 2020-08-14T05:17:04+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 wish to advance your skills by obtaining a degree, invest in a house for your family, or purchase a vehicle so your family has transport, securing a loan is very common simply because we don't have enough money to pay [...]

By | 2020-08-14T05:17:04+00:00 June 22nd, 2018|Bankrupt, Blog|0 Comments

Best Ways to Improve a Bad Credit Report

Whether we understand it or not, our credit report has a notable effect on our lives. It's kind of like our health; we don't cherish good health until we lose it. Many individuals don't even find out they have a bad credit report until they make an application for a personal line of credit and [...]

By | 2020-08-14T05:17:04+00:00 June 20th, 2018|Bankrupt, Blog|0 Comments

Everything you must know about Bankruptcy Notices

If you have been given a bankruptcy notice or court order you must act right away to avoid future grief. Owing anybody money known here as a creditor, may be any individual or business to whom you owe money. If you're not able to pay money to a creditor, the creditor will approach the Australian [...]

By | 2020-08-14T05:17:04+00:00 September 27th, 2017|Bankrupt, Blog|0 Comments