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At times, it can feel as though there is no end to the bankruptcy nightmare and is difficult to see the light at the end of the tunnel. It is an incredibly stressful and emotional time where people often cannot imagine how he or she will be able to rebuild their lives again after bankruptcy. But it can be done.

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Making the decision to declare bankruptcy, completing the filing process and recovering afterwards are three stages that many Australians struggle with in their journey to overcome their financial troubles. There are many options to consider and choose between prior to, during and after bankruptcy, and they can appear complex to those who don’t have the insights of a professional, experienced

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With the cost of living in Australia steadily rising each year, it comes as no surprise that a large proportion of Australians are struggling with their debts and finances. Recent numbers by Mortgage Choice revealed that over half of Australians reported that they felt either “very worried” or “concerned” about their current financial situation in 2015. The percentage of Australians

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A common question that we receive here at Australian Bankruptcy Services is: “What happens to my debts after I go bankrupt?” The short answer is that some debts will disappear, while others remain attached to your name. There are two types of debts: secured and unsecured debts. Do unsecured debts go away after bankruptcy? Filing for bankruptcy relieves you fully

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Bankruptcy laws in Australia have become increasingly complex over the years, leaving many perplexed about how to declare bankruptcy in Australia in a way that is compliant with the law. Australian Bankruptcy Services breaks down how to declare bankruptcy into three simple and clear steps: The first step is choosing your Bankruptcy Trustee. You have the option of either allowing

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