Everything you must know about Bankruptcy Notices

If you have been given a bankruptcy notice or court order you must take action rather quickly to prevent future pain. Owing anyone money regarded here as a creditor, could be any person or business to whom you owe money. If you’re not able to pay money to a creditor, the creditor will reach out […]

Australia’s Household Debt Crisis Looms

Today in the news, former economics advisor John Adams revealed that Australia is too late to avoid an ‘economic apocalypse’ despite his incessant warnings to the political elites in Canberra. He continued to advise the Reserve Bank to raise interest rates to avoid household debt getting further out of hand.   This bubble is easy […]

ATO Debts Getting Out of Hand? Notice to all ABN holders, your ATO Debts may now damage your credit rating. Beware of ATO Bankruptcy!

There is unfortunate news for company owners who have an ATO debt from 1 July 2017. Small businesses should be careful of ATO Bankruptcy since the ATO may reveal details of your tax debts to credit reporting agencies such as Veda Advantage and Dun & Bradstreet. This will make it far more challenging for small […]

What Is It Like To Go Bankrupt?

There’s no question that bankruptcy isn’t the most desirable situation to be confronting. There are some serious financial penalties involved and it’s a very demanding and stressful process that will affect you financially for several years to come. Ending up in mountains of debt can come about in the blink of an eye, and many […]

Bankruptcy in Australia – What To Understand about Debt Collection

Many people face financial hardship at some point in their lives, and most of these folks are quite likely to be familiar with debt collectors. A debt collector is an individual whose job is to collect debts on behalf of a firm. A debt collector can either be an employee of an enterprise you owe […]

Four Types Of People Who Have Money Problems

When it relates to money, a person’s personality represents a substantial role in their financial decision-making. Every person is unique, and that’s what makes us human, so it really shouldn’t come as a surprise that there are various personality types that are more likely to have money problems than others. It’s hard to change your […]

What Is Debt Consolidation?

  We’ve all seen the plethora of debt consolidation ads on television. There is plenty of competition in the debt consolidation market because sadly, lots of individuals are struggling financially and these businesses provide much needed financial relief. Home loans, car loans, credit cards; individuals can get loans from a wide range of lenders for […]

What Happens After You Declare Bankruptcy

Bankruptcy is not a decision that should be taken lightly. There are some harsh financial consequences involved and your financial freedom will be restricted for years to come. This doesn’t imply that declaring bankruptcy is the end of the world though. It should really be thought of as the first step in securing a bright […]

Is Bankruptcy My Best Option? How To Know If Bankruptcy Is Right For You

Going through financial hardship is a particularly stressful situation and unfortunately, millions of people throughout the world find themselves in this position every day. People in this scenario have various options to recover from their financial problems, and bankruptcy should be regarded as a last resort when all other options have been exhausted. You’ve probably […]

Ways to Save Money On Your Groceries

Providing food for your family is necessary and the costs of doing this can vary largely depending upon your mood, financial situation, and whether you’re hungry when you go to the supermarket! But the reality is that food is a sizable expense for a large number of families, and seeking out ways to save at […]