• Everything you must know about Bankruptcy Notices

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    If you have received a bankruptcy notice or court order you must take action right away to reduce future pain. Owing anyone money referred to here as a creditor, may be any person or business to whom you owe money. If you’re unable to pay money to a creditor, the creditor will consult the Australian […]
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  • Australia’s Household Debt Crisis Looms

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    Today in the news, former economics advisor John Adams advised that Australia is too late to prevent an ‘economic apocalypse’ regardless of his repeated warnings to the political elites in Canberra. He proceeded to implore the Reserve Bank to raise interest rates to stop household debt getting further out of hand. This bubble is very […]
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  • ATO Debts Becoming Unmanageable? Notice to all ABN holders, your ATO Debts may now tarnish your credit rating. Beware of ATO Bankruptcy!

    Bankruptcy Geelong, Bankrupt Geelong,Insolvency Geelong
    There is terrible news for business owners who have an ATO debt as of 1 July 2017. Small businesses have to be careful of ATO Bankruptcy since the ATO may unveil information of your tax debts to credit reporting agencies like Veda Advantage and Dun & Bradstreet. This will make it much more difficult for […]
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  • What Stays On Your Credit Report And For How Long?

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    A credit report is a comprehensive document that lists your history with creditors and has a substantial effect on your future financial opportunities. Possessing a ‘good’ credit report is standard provided that you pay your bills and debt repayments on time. On the other hand, skipping a repayment on a bill or debt repayment can […]
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  • What Is It Like To Go Bankrupt?

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    There’s no question that bankruptcy isn’t the most desirable scenario to be dealing with. There are some severe financial repercussions involved and it’s a very problematic and stressful process that will affect you financially for a couple of years to come. Finding yourself in mountains of debt can come about very rapidly, and lots of […]
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  • Bankruptcy in Australia – What To Understand about Debt Collection

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    A lot of individuals struggle with financial troubles at some point in their lives, and most of these individuals are likely to be familiar with debt collectors. A debt collector is a person whose job is to collect debts on behalf of an enterprise. A debt collector can either be an employee of an organisation […]
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  • 4 Types Of People Who Have Money Problems

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      When it concerns money, a person’s personality represents a notable role in their financial decision-making. Each person is unique, and that’s what makes us human, so it really shouldn’t come as a shock that there are specific types of personalities that are more likely to have money concerns than others. It’s tough to modify […]
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  • What Is Debt Consolidation?

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      Nearly all of us have seen the myriad of debt consolidation advertising campaigns on TV. There is a lot of competition in the debt consolidation market because sadly, lots of individuals are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; people can get loans from a wide […]
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  • What Happens After You File For Bankruptcy

    Bankruptcy Geelong, Bankrupt Geelong,Insolvency Geelong
    Bankruptcy is not a decision that should be taken lightly. There are some severe financial consequences involved and your financial freedom will be confined for years to come. This doesn’t imply that filing for bankruptcy is the end of the world though. It should really be regarded as the first step in securing a bright […]
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  • Is Bankruptcy My Best Option? How To Know If Bankruptcy Is Right For You

    Bankruptcy Geelong, Bankrupt Geelong,Insolvency Geelong
    Experiencing financial hardship is a particularly stressful situation and sadly, millions of people across the globe find themselves in this position every day. Individuals in this situation have various options to recover from their financial burdens, and bankruptcy should be regarded as a last resort when all other options have been exhausted. You’ve probably seen […]
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