Garnishee Notices 101: What You Need to Know
Unsure what a garnishee notice is, or exactly what you need to do if you receive one? To make things easy, we’ve taken it back to basics for you.
Benefits of an ATO Payment Plan
Struggling to lodge and pay your tax? The worst thing you can do is stick your head in the sand. By letting the ATO know about your situation, you can avoid worsening debt and potential legal action. You may also be able to apply for a payment plan to spread the cost.
The Truth About Debt Agreements
For a lot of people, debt agreements are a great way to avoid bankruptcy. However, this is not always the case. TV and radio is always pushing debt agreements as the perfect solution to debt problems. But in a lot of cases, a debt agreement won’t provide the financial fix they all promise.
How to Dig Yourself Out of Personal Debt
Financial institutions are more than eager to offer you numerous credit facilities in the form of loans and credit cards in their race to pass competitors in the credit market. If you’re not aware of your credit standing and you start falling back on payments, you might just end up drowning in debt.
The Pros and Cons of Income-Driven Repayment Plans
The yearly cost of student Higher Education Loans Scheme (HECS) loans are likely to reach a figure of $11.1 billion by 2025. New loan application numbers are rising and, according to a report published by the Parliamentary Budget Office, the nominal value will likely hit $185.2 billion by 2026.
What is Involved With a Debt Agreement?
If you are in a lot of debt and financial trouble or are at risk of financial trouble, an important term to become familiar with is debt agreement. Debt agreements can decrease your financial obligations – the amount of money you owe – helping you to avoid bankruptcy.
4 Ways to Get Rid of Your Debt
There’s a saying – running into debt isn’t so bad, it’s running into creditors that hurts – and it does! If you’re facing debts you can’t pay, depending on your situation and circumstances, there may be a number of ways you can get rid of your debts and get on with your life.
6 Ways to Deal With Out-of-Control Debts
Struggling to pay your bills or make loan/credit card repayments is a scary position to be in, especially if you have a family relying on you. The worst thing you can do in this situation is ignore it and hope it will go away – this will only make things worse. Instead, you need to take action now.
4 Common Misconceptions about Bankruptcy
While many of us do attempt to save as much money as we can by budgeting and building funds, unfortunate circumstances do arise – sometimes without warning. This often results unavoidably in company bankruptcy or voluntary bankruptcy.
How to Declare Bankruptcy Yourself in Australia – And is it the Best Option?
Are you in financial trouble & considering personal bankruptcy? Learn what you need to do, what other options are available and how to file bankruptcy.