The process offormally declaring bankruptcy can be a daunting and complex one.Once you have made the decision to declare yourself bankrupt and chosen a Bankruptcy Trustee, you will need to begin the bankruptcy form application and lodgement process. The required bankruptcy forms consist of: A Debtors Petition. This is a form that expresses your need to declare bankruptcy. A Statement
Month: January 2016
Why Saving May be More Harmful than Good in 2016
As the holiday period comes to an end, thousands of Australians find themselves low on funds and riddled with debt. Financial experts are encouraging Aussie debtors to focus on remaking repayments as soon as they can in the New Year, rather than making efforts to save money for the future. The numbers and facts: Australian household debt has reached an
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