If you are facing long term financial hardship there are options to rise above debt, renegotiate the terms of your credit contract and be able to pay off your debts
Planning a budget is all about compromise. You’ll want to set a reasonable budget plan that you can stick to, all the while making smart decisions on where you spend
Up-styling your home does not have to break the bank, but you don’t want to go too cheap either. The value you add to your home can be long-lasting, so
While getting a large injection of extra cash can seem like a dream come true, it’s important not to spend it all at once. Clear your debts and make a
If a consumer contacts a credit provider and indicates they are experiencing financial hardship, the credit provider is under a legal obligation to offer assistance.
Can a credit contract be re-negotiated? In many cases the answer is yes. When a credit contract is entered into, the details of the agreement are documented and agreed on
Unfortunately, declaring bankruptcy comes with all kinds of consequences and stigmas. Before declaring, you’ll want to consider all your options.
There are a number of differences, however the main one is an informal debt agreement is not a part of the bankruptcy act.
Sometimes debt can seem so overwhelming that bankruptcy can feel like the only option, but it is not the get-out-of-debt-free- card it may seem to be.
Often when individuals are in a time of financial crisis, tax obligations become hard to manage and this debt can get out of control. Working with the ATO seem like
Sorting out a budget is one of the first things you will do when you see any financial advisor. You will be asked what your income is and what your
While experiencing financial hardship, many Australians are not aware that there are solutions to reduce your debt. Banks have become more accountable for responsible lending practises and this gives the
Are you burdened with financial woes? Do you feel like your debts are growing leaps and bounds each month? Is your current salary falling short of your payment schedule and
Giving gifts, traveling to see extended family, entertaining friends and coworkers during holiday parties and spending quality time with those closest to us all define the holiday season. Unfortunately, each
As Australians struggle with increasing debt burdens, it is no surprise that personal bankruptcies are also on the rise. In fact, three times as many individuals have declared bankrupt in order to
