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 | 2019-06-24T01:48:57+00:00 June 24th, 2019|Bankrupt, Blog|0 Comments

What You Should Understand About Debt Agreements

Most Australians deal with financial headaches during their lifetime, and this is generally regarded as a normal fluctuation in our finances. But what if you're not able to work out these challenges yourself, but at the same time, you don't want to declare bankruptcy?   Debt consolidation loans are a popular solution that relieves individuals [...]

By | 2018-09-21T05:04:38+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Tips on How to Address Your Financial Difficulties

There's no doubt that financial problems can create a lot of anxiety in our lives. Incessantly thinking about how you're going to pay your bills not only makes you distressed, but also places stress on your relationships, your family, and your health. The fact is, stressing over money isn't going to cure your financial complications. [...]

By | 2018-09-21T04:51:22+00:00 September 21st, 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. Coming from Queensland, I'm used to the 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 cold weather and there's a number of reasons for this. Not [...]

By | 2018-09-21T04:49:54+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Bankruptcy and Child Support – Everything You Should Know

Declaring bankruptcy definitely isn't the end of the world, but it does have serious consequences that will affect your finances in the future. I've discovered that most of the time, focusing efforts on developing a bright future is the best way for folks to tackle their bankruptcy and consecutive recovery. To do this, however, folks [...]

By | 2018-09-21T04:48:24+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Top 5 Tips on How to Declare Bankruptcy in Australia

Most Australian's have only really considered bankruptcy when playing a game of Monopoly with their mates! In spite of this, there are approximately 13,000 individuals that file for bankruptcy yearly in Australia. It's extraordinary how fast individuals can go from enjoying a balanced financial position to facing a mountain of debt. In many cases, events [...]

By | 2018-07-26T01:22:53+00:00 July 4th, 2018|Bankrupt, Blog|0 Comments

Top 3 Reasons For Personal Bankruptcy in Australia

Nobody wants to contemplate bankruptcy, which is easy to understand given that bankruptcy will disturb your financial circumstance for several years to come. This may be one of the reasons why lots of people don't seek financial guidance in times of need, because they are under the popular misconception that bankruptcy is the only way [...]

By | 2018-07-16T06:34:31+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 intend to advance your skills by obtaining a degree, purchase a house for your family, or buy a car so your family has transportation, obtaining a loan is very common simply because we don't have enough money [...]

By | 2018-07-16T06:38:26+00:00 June 25th, 2018|Bankrupt, Blog|0 Comments

Best Ways to Repair a Poor Credit Report

Regardless if we understand it or not, our credit report has a notable impact on our lives. It's sort of like our health; we don't cherish good health until we lose it. Most individuals don't even realise they have a bad credit report until they apply for a personal line of credit and it's rejected. [...]

By | 2018-07-16T06:42:42+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 fairly good understanding that weddings can be an expensive pursuit, but do you actually understand how much the average wedding costs in Australia? A bit over $36,000, based on Australia's Money Smart website. And that was in 2012! At present, it's most likely somewhere around the $50,000 mark. I guess [...]

By | 2018-04-12T01:50:50+00:00 April 6th, 2018|Bankrupt, Blog|0 Comments