If you fear the prospect of insolvency, it would be wise to seek insolvency advice from the experts at Australian Bankruptcy Services. A person is considered insolvent when they are unable to pay their debts as and when they fall due. If you find yourself struggling to pay your debts, and would like easy, reliable, and trustworthy insolvency advice, feel
Anthony Warner
Quality Bankruptcy Advice
Bankruptcy is the official declaration by an individual that they are unable to repay their debts to their creditors. Many people choose to declare bankruptcy voluntarily once they realise that they cannot repay their debts, however, one can also be forced into bankruptcy by their creditors. Here at Australian Bankruptcy Services (ABS), we provide you with quality bankruptcy advice from
What Does Bankruptcy Mean?
The word “bankruptcy” has many negative connotations, yet most people are unable to tell you exactly what it is. Australian Bankruptcy Services explains the basics of bankruptcy in this blog post. Bankruptcy is the official declaration of a person who is unable to repay their debts to their creditors. In some cases, bankruptcy is brought about by an order of
Who are Australian Bankruptcy Services?
We are a bankruptcy specialist company who people look to when you have any questions or concerns about declaring personal bankruptcy. Declaring bankruptcy is a tough decision to make, and the complicated Australian bankruptcy laws can make the process even more daunting. During times of financial stress, it is important to have experts to look to for quick consultation and
What costs will I incur in bankruptcy?
If you need to declare bankruptcy you might be concerned about what costs you may incur. What your bankruptcy will cost will depend on whether you are liable to pay statutory income contributions or if you wish to appoint a private registered trustee to administer your estate. In Australia, you have 2 choices. 1st choice – appoint AFSA (the official
Affordable Bankruptcy Solutions
At Australian Bankruptcy Services we know that if you are considering bankruptcy then you will be interested to understand what costs are involved with filing for bankruptcy. We have developed two (2) service packages for you to select from. Bankruptcy form completion service The most affordable service is priced at $400 and we will help you complete your bankruptcy forms
Bankruptcy in Australia
Bankruptcy in Australia Bankruptcies in Australia were slightly down in numbers in the 2010/2011 financial year compared to the 2009/2010 financial year. The Australian Financial Security Authority (AFSA) publish the bankruptcy statistics in Australia every financial year. For the first time, AFSA released Australian bankruptcy appointments by postcode for the 2010/2011 year. If you wish to see which postcodes recorded
Bankruptcies in Victoria
Victoria experienced over 4,400 bankruptcy appointments in 2010/2011 financial year compared to NSW which recorded 8,162 bankruptcy appointments. For the first time the Insolvency Trustee Service Australia has released statistics based on postcodes for 2010/2011. An analysis of post codes in Victoria reveal that bankruptcy hot spots in Victoria recorded nearly half the number of bankruptcy appointments compared to the
Bankruptcies in Queensland
Queensland came in a close 2nd to NSW with the total number of personal bankruptcy appointments in the 2010/2011 financial year. Queensland had 6,300 bankruptcy appointments in 2010/2011 financial year. For the first time the Insolvency Trustee Service Australia has released statistics based on postcodes for 2010/2011. The worst hit areas in Queensland were: Bundaberg & Abbotsford surrounds (Post Code
Bankruptcies in NSW
NSW experienced over 8,000 bankruptcy appointments in 2010/2011 financial year. For the first time the Insolvency Trustee Service Australia has released statistics based on postcodes for 2010/2011. An analysis of post codes in NSW reveal that bankruptcy hot spots in NSW. The worst hit areas were in Western Sydney and the Central Coast included: Mount Druitt & Minchinbury surrounds (Post
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