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Australias Household Debt Crisis Looms

Australia’s Household Debt Crisis Looms

Today in the news, former economics advisor John Adams advised that Australia is too late to avoid an ‘economic apocalypse’ even after his incessant warnings to the political elites in Canberra. He proceeded to implore the Reserve Bank to raise interest rates to avoid household debt getting further out of hand. This bubble is easy […]

Bankruptcy Bunbury

ATO Debts Becoming Unmanageable? Notice to all ABN holders, your ATO Debts may now harm your credit rating. Beware of ATO Bankruptcy!

There is sad news for business owners who have an ATO debt from 1 July 2017. Small businesses will want to be careful of ATO Bankruptcy since the ATO may divulge information of your tax debts to credit reporting agencies such as Veda Advantage and Dun & Bradstreet. This will make it much more arduous […]

What Is It Like To Go Bankrupt

What Is It Like To Go Bankrupt?

There’s no doubt that bankruptcy isn’t the ideal situation to be confronting. There are some severe financial repercussions involved and it’s a very difficult and stressful process that will affect you financially for a couple of years to come. Finding yourself in mountains of debt can develop faster than you think, and many individuals find […]

4 Types Of People Who Have Money Issues

Four Types Of People Who Have Money Problems

  When it comes to money, a person’s personality represents a substantial role in their financial decision-making. Every person is unique, and that’s what makes us human, so it really shouldn’t come as a revelation that there are certain types of personalities that are more likely to have money concerns than others. It’s tough to […]

What Is Debt Consolidation

What Is Debt Consolidation?

  All of us have seen the plethora of debt consolidation ads on TV. There is a great deal of competition in the debt consolidation market because sadly, lots of individuals are struggling financially and these companies provide much needed financial relief. Home loans, car loans, credit cards; individuals can obtain loans from a vast […]

What Happens After You Declare Bankruptcy

What Happens After You File For Bankruptcy

Bankruptcy is not a decision that should be taken lightly. There are some major financial consequences involved and your financial freedom will be restricted for several years to come. This doesn’t suggest that declaring bankruptcy is the end of the world though. It should really be considered as the first step in securing a bright […]

Is Bankruptcy My Best Alternative How To Know If Bankruptcy Is Right For You

Is Bankruptcy My Best Alternative? How To Know If Bankruptcy Is Right For You

  Going through financial hardship is a pretty stressful situation and unfortunately, millions of individuals across the globe end up in this situation every day. Individuals in this scenario have various options to recover from their financial issues, and bankruptcy should be considered as a last resort when all other alternatives have been exhausted. You’ve […]