Anthony Warner

How long does bankruptcy last in Australia?

People always want to know how long bankruptcy will last before they decide to go ahead with it. Bankruptcy is currently for a period of 3 years, however, a new bankruptcy bill was introduced into Federal Parliament in October 2017 and it proposes to reduce the period of bankruptcy to 1 year. If the bill is passed by Parliament you

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Will Bankruptcy Affect My Employment?

Have you ever thought about the effect that declaring bankruptcy can have on your job? Bankruptcy can have a negative impact on certain jobs and professions which you may be employed in. The current career you have now or what you plan to do in future should always be considered before filing for bankruptcy. The act of filing for bankruptcy

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Things You Need to Know Before Going Bankrupt

Bankruptcy is considered a last resort for those who are experiencing financial struggles. While Bankruptcy is not as bad as it is made out to be, there are several things that you need to know before filing for Bankruptcy. 1. It does not discharge all your debts There is a common misconception that Bankruptcy means that all your debts are

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Life After Bankruptcy

Bankruptcy can seem like a never-ending road. However, there is a light at the end of the tunnel. Bankruptcy is usually only 3 years, so it won’t last for ever and you will soon be able to start rebuilding your life again. Here are 2 ways on how to do it. Stop being hard on yourself In our experiences at

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FAQ Bankruptcy Questions Answered

If you are considering filing for Bankruptcy, then it is only expected that you would have a lot of questions that need to be answered, In fact, you should have many questions because it is important that you fully understand what Bankruptcy is, what is means and how it will affect your life, before making any decisions. Here are 4

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Bankruptcy Costs

Through our many years of helping Australians declare Bankruptcy, we have noticed that there is a lot of confusion surrounding bankruptcy costs. While some people have told us that they cannot afford to go Bankrupt, others are surprised when they realise that there is a cost involved.   The Bankruptcy cost that you will incur depends on whether or not

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How to File for Bankruptcy in Australia

Are you struggling with personal debt? Have you explored all your other options and believe that bankruptcy is the most appropriate solution for you? Then read this article that will tell you how to file for bankruptcy. First, you need to appoint a Bankruptcy Trustee. You have two choices. The first is to go with the Official Trustee (a government

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Bankruptcy Alternatives

When people find themselves in financially distressing situations, they may start exploring debt relief solutions and looking for bankruptcy alternatives.   While bankruptcy has a bad reputation, it is not as bad as it is made out to be. However, it is important to note that bankruptcy is not the only option for those needing debt help. Research your other

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5 Reasons Why You Should Trust Australian Bankruptcy Services With Your Debt Troubles

Are you facing the difficult decision of whether or not to declare bankruptcy? It is crucial that you talk to a professional and experienced debt consultant that can help talk you through your options to determine whether bankruptcy is the right choice for you. Australian Bankruptcy Services has years of experience in helping Australians with their debt troubles, so we

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Bankruptcy Experts 101

Are your funds running thin? Do you feel anxious every time the phone rings? Does the daily trip to the mailbox make you fearful? If you identify with any of the above scenarios, you are probably looking for a way out. And for many struggling individuals, bankruptcy tends to be at the forefront of their minds. But according to the

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