Anthony Warner

As part of the Federal Government’s economic response to the COVID-19 pandemic, legislation has been passed to allow eligible Australians to access some of their Superannuation early. If you are eligible, you can access up to $20,000 of your super over the next two financial years; up to $10,000 in the 2019-20 financial year and up to another $10,000 in

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The COVID-19 pandemic has taught us some important financial lessons that we should revisit. As time rolls on, Australia seems to be making a steady recovery. It is important to reflect on how the lessons we have learnt can help us prepare for periods of uncertainty and description in the future. Here are three important lessons we all should learn

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With the COVID-19 (Coronavirus) impacting the economy, businesses and employment, you may find yourself at risk of personal bankruptcy. As bankruptcy can have serious consequences, it is important for you to understand your alternatives available during COVID-19.   Debt Agreements and Personal Insolvency Agreements Debt Agreements and Personal Insolvency Agreements are formal agreements that you enter into with your creditors.

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With the ongoing impact COVID-19 has had on the global economy and individuals, you may find yourself in financial distress. If you have found yourself in a position where you are no longer able to make your payments or you cannot negotiate a suitable repayment arrangement with your creditors then bankruptcy may be the most appropriate choice. To help with

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The financial impact of the COVID-19 (coronavirus) on individuals and businesses can be seen across Australia and the rest of the world. On March 25th 2020 the new changes to the bankruptcy laws by the Australian government came into effect to support individuals and businesses. These temporary debt relief measures included: 6 month temporary debt protection The period of temporary

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With much ambiguity and rumours surrounding bankruptcy you may be worried that filing for bankruptcy may jeopardise your job or chances of getting a job. But chances are that bankruptcy would not endanger your job and here is what will most likely happen.   How would bankruptcy affect your current job? If you are wondering whether your employer can fire

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  Going through bankruptcy is a difficult challenge, and once the bankruptcy ends, it is a relief. However, it is important to ensure that you make changes in your financial life so that you can properly recover and get your life back on track after bankruptcy. Here are some tips on how to do so.   Grow your savings Your

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If you are in personal debt and find that you are falling behind on your payments, then you may have started exploring debt solutions. One possible option is to declare for bankruptcy. However, bankruptcy has serious and long-lasting ramifications so it is important that you completely understand the consequences of bankruptcy before you act. You cannot change your mind One

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Bankruptcy should be a last resort for people who are experiencing personal financial difficulties. However, it can be difficult to know when is the best time to file for bankruptcy. If you are asking yourself, “Should I declare Bankruptcy”, consider the following questions:   Have I explored every other possible alternative? You need to ensure that you have thoroughly investigated

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  If you have filed for bankruptcy and don’t know how you will recover from this financial hurdle, don’t fret. It is completely normal to feel despair after such a stressful ordeal. However, here at Australian Bankruptcy Services, we know that there is life after bankruptcy. Here are some of our tips to rebuild your credit file after bankruptcy.  

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