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What Happens When You Declare Bankruptcy and Purchasing A Home

Even though bankruptcy has many financial repercussions, it certainly doesn't suggest the end of the world. Lots of folks file for bankruptcy for numerous reasons, and this number only intensifies with the harsh economic conditions that we observe today. According to information from the Australian Financial Security Authority (AFSA), there were 7,466 incidents of bankruptcy [...]

By | 2018-07-29T23:56:46+00:00 April 24th, 2017|article, blog, brankrupt|0 Comments

Top Things You Should NOT Do Prior to Going Bankrupt

Lots of bills? Too much debt? Not enough money? Most people struggle financially at some point in their lives. Uncontrolled situations like hospitalisation, redundancy, or even divorce, can drastically reshape your financial circumstances. But, when there's no other way to adequately control your debts, some individuals are forced to file for bankruptcy. Going bankrupt is [...]

By | 2018-07-29T23:56:15+00:00 March 29th, 2017|article, blog|0 Comments

Signs You May Want To Consider Bankruptcy

Personal bankruptcy is never the ideal predicament to be in, however many individuals find relief in addressing their financial difficulties and starting afresh. Nobody is perfect, and people make mistakes. Yet a lot of individuals put off filing for bankruptcy for far too long. They choose to ignore the elephant in the room and spend [...]

By | 2018-07-29T23:55:55+00:00 March 27th, 2017|article, blog, brankrupt|0 Comments

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Everybody goes through challenging times in their life. Losing a job, serious illness, and unplanned pregnancies are just a few of these. A leading reason why these events are so traumatic is because financial troubles are often accompanied with them. In many cases, financial difficulties are the leading cause of divorce, and conversely, divorce can [...]

By | 2018-07-29T23:55:34+00:00 March 23rd, 2017|article, blog|0 Comments

5 Tips For Paying Off Your Christmas Debt

For most people, Christmas is seen as the most joyous time of year for both young and old. We all are thrilled to wrap up the year of work or school and enjoy some quality time with family and friends. They don't call it the silly season for nothing either. Eating and spending a bit [...]

By | 2018-07-29T23:55:14+00:00 March 21st, 2017|article|0 Comments

What can I keep when I’m Bankrupt – The bankruptcy means test.

Any time people stress over Bankruptcy, they fret about how it will affect their day-to-day lives, and if they will be able to keep their home, car, tools, and other essential belongings. One of the ways that we can estimate this out is by utilizing the insolvency means test. It is something which we take [...]

By | 2018-07-29T23:54:42+00:00 January 9th, 2017|article, blog, brankrupt|0 Comments

The top 3 priorities you are going to have with Bankruptcy in Alice Springs.

If you are destroyed by debt and you are checking out at Bankruptcy, there are normally 3 consequences you have to look at before anything else. Income Loss For the 3 years you are actually bankrupt you might be needed to contribute some of your income back toward your debt despite being bankrupt. (see table [...]

By | 2018-07-29T23:54:22+00:00 January 3rd, 2017|article, blog, brankrupt|0 Comments

Losing your home: Just how much do you know of Bankruptcy in Alice Springs?

The most significant issue numerous people have with Bankruptcy is without a doubt 'Can I manage to retain my home?' and it might be complicated, but sometimes it is attainable. The only good reason where you will be required to sell your family house when you declare insolvency is if you have equity in the [...]

By | 2018-07-29T23:54:02+00:00 December 27th, 2016|article, blog|0 Comments

Bankruptcy Issues? Did you know that your Bankruptcy duration could be extended?

My goal right now is to try and inform you about likely troubles you could have with Bankruptcy to make sure that you can stay away from making mistakes! When it includes Bankruptcy, there is a great deal of difficulty and misinformation due to how tricky it can be, and how emotionally charged individuals are [...]

By | 2018-07-29T23:53:25+00:00 December 20th, 2016|article, blog, brankrupt|0 Comments

Bankruptcy in Alice Springs – Worried about what will happen to your business?

Among the biggest inquiries we get whenever it comes to Bankruptcy is if you can lose your business if you go bankrupt. The short answer is no, you are not likely to lose your small business except if you need to. When it comes to Bankruptcy, if you are a manager of a company any [...]

By | 2018-07-29T23:52:07+00:00 December 8th, 2016|article, blog, brankrupt|0 Comments