What happens to my Centrelink debts if I go bankrupt? As a general rule we have always told our potential clients not to count on having your Centrelink debt written off when you declare bankruptcy, however it seems more and more this is not the case. In most cases it has been our experience that…

A lot of Australians go through financial issues during their lifetime, and this is largely regarded as a standard fluctuation in our finances. But what if you’re not able to work through these issues yourself, but at the same time, you don’t want to declare bankruptcy?   Debt consolidation loans are a standard option that…

There’s no doubt that financial difficulties can bring about a lot of stress in our lives. Continually fretting about how you’re going to pay your bills not only makes you distressed, but also puts stress on your relationships, your family, and your well-being. The fact is, stressing over money isn’t going to solve your financial…

Personally, I find there’s nothing worse than being cold. Originating from Queensland, I’m used to the humid sun and it doesn’t worry me much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill skyrockets during the winter season and there’s a few reasons for this. Not only…

Declaring bankruptcy certainly isn’t the end of the world, but it does have meaningful repercussions that will have a bearing on your finances in the future. I’ve found that in many cases, focusing efforts on building a bright future is the best way for folks to handle their bankruptcy and subsequent recovery. To do this,…

Many Australian’s have only really considered bankruptcy when playing a game of Monopoly with their friends! Despite this, there are somewhere around 13,000 people that file for bankruptcy every year in Australia. It’s astounding how quickly individuals can go from being in a balanced financial position to tackling a mountain of debt. Most of the…

No one likes to think about bankruptcy, which is easy to understand given that bankruptcy will impact your financial circumstance for several years to come. This may be one of the reasons why many people don’t seek financial support in times of need, because they are under the common misunderstanding that bankruptcy is the only…

For the majority of Australian adults, debt is a part of our everyday lives. Whether or not you intend to further your skills by earning a degree, buy a property for your family, or buy a car so your family has transport, getting a loan is very common simply because we don’t have enough money…

Regardless if we realise it or not, our credit report has a meaningful effect on our lives. It’s kind of like our health; we don’t appreciate good health until we lose it. Lot of people don’t even learn that they have a poor credit report until they make an application for a personal line of…

We all have a decent understanding that weddings can be a costly pursuit, but do you actually know how much the average wedding costs in Australia? A bit over $36,000, according to Australia’s Money Smart website. And that was in 2012! These days, it’s most probably somewhere around the $50,000 mark. I suppose if you…