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Australian Franchisees Struggle with Personal Debt

Recent stories in the media have revealed a general trend of disgruntled franchisees complaining that the lack of support from their franchisors have led to the demise of their businesses and, consequently, their own personal solvency. Included among the former franchise owners who have come forward with concerns about franchising are those from Wendys, Cold Rock Ice Creamery and Step

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Are you looking for quality bankruptcy information in Australia?

Your first goal when searching for information about bankruptcy in Australia is to understand exactly what bankruptcy involves. Bankruptcy is a government legislated process that is designed to create a fair outcome for all involved when someone is unable to honor their debts. It frees the bankrupt person from their obligation to pay most types of debts, but also allows

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Bankruptcy Advice Australia

If you’re one of the many financially strained people in Australia seeking bankruptcy advice, look no further than Australian Bankruptcy Services. Declaring bankruptcy is possibly one of the most daunting financial decisions that anyone is ever likely to face, so you should seek bankruptcy advice before committing to this life-changing decision. Australian Bankruptcy Services is a team of registered experts

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Busting Bankruptcy Myths Once and For All

Myths are very common when it comes to matters of finance, particularly bankruptcy. Myths are often born of misunderstanding, misinformation and incorrect assumptions, so Australian Bankruptcy Services (ABS) have done their research to help bust these common bankruptcy myths once and for all. Myth 1: I Will Lose All Of My Property If I File For Bankruptcy This is not

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You do not get to pick and choose creditors when you file for bankruptcy

Susan and Ryan called Australian Bankruptcy Services for advice on filing for bankruptcy. Susan and Ryan have several credit cards and one personal loan and used the credit card to shop on-line. Susan loved shopping on-line so much that she wanted to know if she could keep her credit card if she filed for bankruptcy. In other words she wanted

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