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Are you in favour of a one-year Bankruptcy?

You may think Liquidator’s are a pessimistic lot but a former government guru says there are 7 signs Australia is on the edge of economic Armageddon and it’s too late to change course. The signs, he says, are: Tightening monetary policy Inverted and flattening yield curves Sovereign and corporate defaults Falling confidence and credit downgrades […]

You’re probably reading this because you’re totally stressed by constant creditor harassment. Perhaps you’re stressed because you realise the business is now insolvent and your worried that if you allow it to continue operating, you may be jailed for trading while insolvent. Perhaps you’re at a complete loss as to what you need to do to fulfill your […]

A Qld Debt Agreement company has been referred to the Australian Financial Security Authority (AFSA) for allegedly misleading vulnerable persons through advertisements dispensed at ATM machines. The “dodgy” advert pushes Debt Agreements as an alternative to bankruptcy and promises “no dodgy quick fixes, costly loans, no obligations, a solution and no more stress”. A Debt […]

If you are experiencing extreme financial hardship, there is no doubt you will be considering bankruptcy. Bankruptcy Firstly, it should be said that bankruptcy is about allowing a person in overwhelming debt to relieve themselves of the debt burden and to allow themselves a fresh start. If you are experiencing overwhelming debt, or a level of debt you […]