Bankruptcy and Centrelink Debts

What happens to my Centrelink debts if I go bankrupt? As a general rule we have always told our potential clients not to count on having your Centrelink debt written off when you declare bankruptcy, however it seems more and more this is not the case. In most cases it has been our experience that [...]

By | 2019-06-24T01:30:55+00:00 June 24th, 2019|Bankrupt, Blog|0 Comments

What You Need to Understand About Debt Agreements

Most Australians go through financial troubles during their lifetime, and this is often considered a natural fluctuation in our finances. But what if you're not able to address these problems yourself, but at the same time, you don't want to declare bankruptcy?   Debt consolidation loans are a common option that relieves people of financial [...]

By | 2018-09-21T04:44:08+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Tips on How to Manage Your Financial Challenges

There's no question that financial challenges can trigger a lot of stress in our lives. Continually thinking about how you're going to pay your bills not only makes you distressed, but also places stress on your relationships, your family, and your well-being. The fact is, worrying about money isn't going to fix your financial difficulties. [...]

By | 2018-09-21T04:41:59+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Effective Ways to Save Money on Your Electricity Bill this Winter

Personally, I find there's nothing worse than being cold. Coming from Queensland, I'm used to the stiffling sun and it doesn't trouble me too much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill skyrockets during the cold weather and there's a number of reasons for this. [...]

By | 2018-09-21T04:40:27+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Bankruptcy and Child Support – Everything You Have to Know

Filing for bankruptcy certainly isn't the end of the world, but it does have heavy repercussions that will impair your finances in the coming years. I've found that in most cases, focusing efforts on creating a bright future is the best way for individuals to handle their bankruptcy and subsequent recovery. To do this, however, [...]

By | 2018-09-21T04:39:10+00:00 September 21st, 2018|Bankrupt, Blog|0 Comments

Top 5 Tips on How to Declare Bankruptcy in Australia

Many Australian's have only really thought about bankruptcy when playing a game of Monopoly with their buddies! Despite this, there are about 13,000 people that declare bankruptcy every year in Australia. It's astonishing how quickly individuals can go from enjoying a healthy financial position to tackling a mountain of debt. In many cases, events like [...]

By | 2018-07-11T00:26:15+00:00 July 4th, 2018|Bankrupt, Blog|0 Comments

Top 3 Reasons For Personal Bankruptcy in Australia

Nobody wants to consider bankruptcy, which is understandable since bankruptcy will alter your financial condition for several years to follow. This may be one of the reasons why many people don't look for financial support in times of need, because they are under the common misconception that bankruptcy is the only way to work out [...]

By | 2018-07-16T06:34:10+00:00 June 26th, 2018|Bankrupt, Blog|0 Comments

The Difference Between Good Debt and Bad Debt – What You Need To Know

For many Australian adults, debt is a part of our daily lives. Whether you intend to advance your skills by earning a degree, invest in a home for your family, or purchase a car so your family has transportation, getting a loan is very common simply because we don't have sufficient money to pay for [...]

By | 2018-07-16T06:38:22+00:00 June 25th, 2018|Bankrupt, Blog|0 Comments

Best Ways to Improve a Poor Credit Report

Whether we acknowledge it or not, our credit report has a serious effect on our lives. It's sort of like our health; we don't appreciate good health until we lose it. Many people don't even find out they have a bad credit report until they apply for a line of credit and it's rejected. It [...]

By | 2018-07-16T06:42:14+00:00 June 21st, 2018|Bankrupt, Blog|0 Comments

Weddings On A Budget – How To Save Money When Getting Hitched

We all have a pretty good understanding that weddings can be an expensive exercise, but do you actually understand how much the average wedding costs in Australia? A bit over $36,000, according to Australia's Money Smart website. And that was in 2012! These days, it's most probably somewhere around the $50,000 mark. I guess if [...]

By | 2018-04-12T01:15:10+00:00 April 6th, 2018|Blog|0 Comments