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What Happens When You Declare Bankruptcy and Purchasing A Home

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

By | 2018-08-01T01:56:08+00:00 April 25th, 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. Unexpected situations such as hospitalisation, job loss, or even divorce, can severely transform your financial condition. Yet, when there's no other way to adequately manage your debts, some folks are forced to file for bankruptcy. [...]

By | 2018-08-01T01:55:37+00:00 March 31st, 2017|Bankrupt, Blog|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the preferred position to be in, however many individuals find relief in dealing with their financial issues and starting afresh. No one is perfect, and people make mistakes. Yet a lot of men and women hold off filing for bankruptcy for far too long. They would prefer to ignore the elephant [...]

By | 2018-08-01T01:55:10+00:00 March 27th, 2017|Bankrupt, Blog|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everybody experiences strenuous times in their life. Loss of employment, major illness, and unexpected pregnancies are just a handful of these. A leading reason why these situations are so traumatic is because financial complications are typically accompanied with them. In many cases, financial challenges are the leading cause of divorce, and conversely, divorce can be [...]

By | 2018-08-01T01:54:46+00:00 March 24th, 2017|Bankrupt, Blog|0 Comments

5 Tips For Repaying Your Christmas Debt

For most people, Christmas is seen as the most splendid time of year for both young and old. Most of us are ecstatic to wrap up 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 [...]

By | 2018-08-01T01:54:19+00:00 March 22nd, 2017|Bankrupt, Blog|0 Comments

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

Whenever people stress over Bankruptcy, they think about just how it will affect their day-to-day lives, and whether they will be able to keep their house, car, tools, and other essential possessions. One of the ways that we can figure this out is by utilizing the bankruptcy means test. It is something which we take [...]

By | 2018-08-01T01:53:54+00:00 January 10th, 2017|Bankrupt, Blog|0 Comments

The top 3 priorities anyone is going to have with Bankruptcy in Northern Rivers.

If you are overcome by debt and you are checking out at Bankruptcy, there are actually 3 effects you must think about before anything else. Income Loss For the 3 years you are actually bankrupt you might be needed to chip in some of your income back toward your debt despite being bankrupt. (see table [...]

By | 2018-06-27T06:56:51+00:00 January 4th, 2017|Bankrupt, Blog|0 Comments

Losing your house: Just how much do you know of Bankruptcy in Northern Rivers?

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

By | 2018-08-01T01:53:17+00:00 December 28th, 2016|Bankrupt, Blog|0 Comments

Bankruptcy Issues? Did you know that your Bankruptcy term may be extended?

My mission right now is to try and alert you regarding possible issues you could have with Bankruptcy to make sure that you can stay away from making errors! When it involves Bankruptcy, there is lots of confusion and misinformation because of how complicated it may be, and how emotionally charged persons are whenever they [...]

By | 2018-08-01T01:52:53+00:00 December 20th, 2016|Bankrupt, Blog|0 Comments

Bankruptcy in Northern Rivers – Worried about losing your home?

Bankruptcy in Northern Rivers is a difficult procedure, but I realise from meeting with thousands encountering the chance of bankruptcy throughout the years that the most terrifying aspect is the distress of losing the family residence. Practically everyone is on an emotional level connected to their home - it's where the children have grown, it's [...]

By | 2018-08-01T01:51:45+00:00 December 1st, 2016|Bankrupt, Blog|0 Comments