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
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
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
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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