Making the decision to declare bankruptcy, completing the filing process and recovering afterwards are three stages that many Australians struggle with in their journey to overcome their financial troubles.

There are many options to consider and choose between prior to, during and after bankruptcy, and they can appear complex to those who don’t have the insights of a professional, experienced and trained bankruptcy specialist.

Luckily, Australian Bankruptcy Services is here to assist all Australians with this difficult, but often necessary process. We will happily explain your options throughout your entire bankruptcy journey.

Not sure if bankruptcy is the right choice for you?

While many believe that bankruptcy is the only way to conquer their debt, there are actually several alternatives available, including entering into a Debt Agreement or Personal Insolvency Agreement.

At Australian Bankruptcy Services, our licensed debt advisors are able to help identify what bankruptcy options and alternatives may be available to you, given your circumstances and current financial situation.

The options we propose will be dependent on a range of factors. Some of these factors include:

• The nature of your debts
• Your available assets
• Number of creditors involved,and
• Personal income

Australian Bankruptcy Services offer a comprehensive financial assessment prior to any lodgement of bankruptcy applications. This is in order to identify what bankruptcy options and alternatives may be the most beneficial for you.

If we come to the agreement that declaring bankruptcy is your only option left, we can then help you complete the necessary bankruptcy forms, ready to be lodged with the Australian Financial Security Authority for processing.

If you or your spouse are contemplating bankruptcy and you want to understand how bankruptcy is likely to affect your family home, car or other personal assets, then call us today on 1800 462 767. Our licensed and experienced debt and bankruptcy specialists are available 24 hours a day to assist with any case and answer any questions about your bankruptcy options.