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Bankruptcy & Superannuation 3 Critical Questions
May 18, 2017 Comments Closed

Bankruptcy & Superannuation – 3 Critical Questions

Posted by:Charles Bosse

For many Australians superannuation can be an individual’s largest asset, the feeling of losing it when filing for bankruptcy is a very authentic concern for most of our clients. With certain components of the economy doing considerably well and other components enduring difficult economic times, bankruptcy numbers in Australia still continue to increase. Economists don’t…

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WhatHappensWhenYouDeclareBankruptcyandBuyingAHome
April 21, 2017 Comments Closed

What Happens When You Declare Bankruptcy and Buying A Home

Posted by:Charles Bosse

  While bankruptcy has many financial impacts, it certainly doesn’t mean the end of the world. Lots of folks file for bankruptcy for plenty of reasons, and this amount only intensifies with the harsh economic conditions that we witness today. According to statistics from the Australian Financial Security Authority (AFSA), there were 7,466 cases of…

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March 29, 2017 Comments Closed

Top Things You Should NOT Do Prior to Going Bankrupt

Posted by:Charles Bosse

Lots of bills? Too much debt? Not enough money? Lots of people struggle financially at some point in their lives. Unexpected events such as hospitalisation, losing a job, and even divorce, can seriously transform your financial condition. Yet, when there is no other way to adequately cope with your debts, some folks are forced to…

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March 27, 2017 Comments Closed

Signs You May Want To Consider Bankruptcy

Posted by:Charles Bosse

Personal bankruptcy is never the ideal predicament to be in, however lots of individuals find relief in confronting their financial problems and starting afresh. No one is perfect, and people make mistakes. Yet too many individuals avoid filing for bankruptcy for far too long. They prefer to ignore the elephant in the room and spend…

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March 23, 2017 Comments Closed

Bankruptcy Advice – Filing For Bankruptcy and Divorce

Posted by:Charles Bosse

Everybody experiences difficult times in their life. Losing a job, severe illness, and unexpected pregnancies are just a handful of these. A leading reason why these incidents are so stressful is because financial difficulties are commonly accompanied with them. In many cases, financial complications are the leading cause of divorce, and on the contrary, divorce…

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March 21, 2017 Comments Closed

5 Tips For Paying Off Your Christmas Debt

Posted by:Charles Bosse

For the majority of people, Christmas is seen as the most pleasant time of year for both young and old. All of us are delighted to finalise the year of work or school and spend some quality time with family and friends. They don’t refer to it as the silly season for nothing either. Eating…

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January 9, 2017 Comments Closed

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

Posted by:Charles Bosse

Any time individuals worry about Bankruptcy, they worry about how it will affect their day-to-day lives, and whether they will be able to keep their house, vehicle, tools, and other essential belongings. Among the ways that we can figure this out is by utilizing the insolvency means test. It is something that we take our…

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January 4, 2017 Comments Closed

The top 3 concerns you are likely to have with Bankruptcy in Australia.

Posted by:Charles Bosse

If you are swamped by debt and you are checking out at Bankruptcy, there are normally 3 effects you need to look at to begin with. Income Loss For the 3 years you are generally bankrupt you may have to contribute some of your income back toward your debt despite being bankrupt. (see table below)….

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December 15, 2016 Comments Closed

Bankruptcy in Australia – Concerned about what will happen to your business?

Posted by:Charles Bosse

Among the biggest concerns we get whenever it comes to Bankruptcy is if you will lose your business if you declare bankruptcy. The short answer is no, you are unlikely to lose your small business except if you want to. When it comes to Bankruptcy, if you are a manager of a company any shape…

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December 2, 2016 Comments Closed

Bankruptcy in Australia – Worried about losing your home?

Posted by:Charles Bosse

Bankruptcy in Australia is a challenging procedure, but I realise from meeting with thousands dealing with the likelihood of bankruptcy for many years that the most terrifying element is the distress of losing the family residential property. Nearly everyone is on an emotional level attached to their home – it’s where the children have grown,…

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