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Bankruptcy Can Affect Anyone

Newly leaked documents about the solvency of chart-topping pop singer Rihanna show that bankruptcy and financial problems can affect just about anyone.

The documents reveal that the star was on the verge of bankruptcy in 2009, despite several of her songs, including popular hits SOS and Take A Bow, reaching number one on music charts around the world.

The alleged cause of Rihanna’s financial problems was the mismanagement of her finances by her accountant at the time. The singer reportedly had $11 million in cash at the beginning of 2009, but claims that she was made effectively bankrupt within the period of one year.

As exemplified by Rihanna’s case, financial problems can hit when you least expect them. Moreover, a poor financial state may not be your fault at all – unexpected circumstances such as sickness or poor economic conditions can land a heavy blow on your finances.

But just like Rihanna, who has since rebounded significantly, you too can recover from your debt crises.

Australian Bankruptcy Services (ABS) has helped thousands of Australians overcome their debt problems. Our insolvency specialists have the knowledge and experience to provide the right advice for you, regardless of your situation.

We also provide services in bankruptcy form completion and conducting comprehensive financial assessments. Call us today on 1800 462 767.

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