February 19th, 2019

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Bankruptcy Canberra Blog

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Bankruptcy and Superannuation.

Superannuation is puzzling enough, let alone when you have to think about Bankruptcy as well. At Bankruptcy Experts Canberra we often have a lot of people talking to us about what can occur to their super, and if you have a regulated or industry fund (like most superfunds) then your super is safe, and Bankruptcy will likely have no influence upon your super. Having said that, if you possess a Self-Managed Super Fund then you might get some problems because there are certain things you can not...
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Bankruptcy and Canberra, the Tricks Rich People Understand about Bankruptcy.

Bankruptcy in Australia is something that people rarely want to ever speak about. It is a taboo subject, and when an individual is experiencing a financial problem folks often be quick to classify them instead of help them. For the most part the entire procedure of Bankruptcy is naturally likely to be a confidential issue, but this makes things difficult since one of the biggest aspects of life is managing to learn from other people's problems. However if all the stories about Bankruptcy are...
5 Ways To Deal With Debt

Filing For Bankruptcy Canberra, So what is the Deal with Debts?

Exactly what Debts are erased if I go Bankrupt? The practical answer is that when it involves Filing For Bankruptcy most debts are wiped, and I have also included a compendium below for you to look at. But, put simply some of the exceptions are Centrelink Debts, Child Support, Court fines (like speeding fines) as well as any debts arising from uninsured Motor-vehicle claims and educational debts which include HECS or FEE-HELP. These debts are not wiped out when you file for bankruptcy. What...
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Filing For Bankruptcy Problems!– What exactly will extend your Bankruptcy Term?

When it concerns Filing For Bankruptcy, there certainly is a lot of confusion because it is really an area that you really do need to have some sound advice in because otherwise you may find yourself in an even more severe circumstance. That I why here at Bankruptcy Experts Canberra we actually want to ensure people realize that there are particular things that can really make your Bankruptcy term be extended from 3 years to 5 (or even 8) years! Yes, this means that you will be even longer...
Choices

Filing for Bankruptcy in Canberra – Choices, Choice, Choices.

When it comes down to Filing for Bankruptcy in Canberra, there are a load of options that we get given depending on who we are, who we talk to, and what exactly has happened. The most common trouble I see with Filing for Bankruptcy is when it comes to choosing between Debt Consolidation, Personal Insolvency Agreements, and Bankruptcy itself. Should I consolidate my debts? When it comes to Filing for Bankruptcy in Canberra, a lot of the related information you receive on this issue will...
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Insolvency Advice Canberra– how travel can get you in trouble.

One thing that lots of folks don't realise when they take a look at Insolvency Advice is that it can actually stop you from travelling overseas. This is an element that many people overlook, and it can actually get you in a lot of trouble. If you are going up against Bankruptcy then traveling is probably one of your lesser concerns-- but it is still important to find out about. However if you are right now more worried about assets, your house, your home, and what they will most likely leave...
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Filing for Bankruptcy Canberra – how travel can get you in trouble.

One thing that lots of folks don't realise when they take a look at Filing for Bankruptcy is that it can actually stop you from travelling overseas. This is an element that many people overlook, and it can actually get you in a lot of trouble. If you are going up against Bankruptcy then traveling is probably one of your lesser concerns-- but it is still important to find out about. However if you are right now more worried about assets, your house, your home, and what they will most likely...
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Going Bankrupt in Canberra, the Secrets Rich People Know About Going Bankrupt

Going Bankrupt in Australia tends to sneak in the shadows of both the commercial world and our personal lives. It's the utmost taboo subject. The concern is perception-- because in truth bankruptcy is only a tool that we can use to protect ourselves, and rich people know this. Rich people have understood that insolvency is an essential part of being in business, in certain cases things don't work out like you had intended, that the market has changed and the numbers simply don't work anymore....
Bankruptcy Canberra

How to improve your chances of going bankrupt in Canberra

Having spent years in the mysterious world of bankrupt in Canberra I have produced a list to reasons people wind up declare bankruptcy and finish up broke. This is by no means an exhaustive list, there are as many ways to end up bankrupt it seems as there are hot dinners, however for the sake of everyone’s peace of mind I have kept this list to a simple Top 10. You will notice that there is a theme in all of these and it focuses on change. It’s generally change that destroys us...
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