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Bankruptcy Gladston Blog

  • Everything you have to know about Bankruptcy Notices

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    If you have acquired a bankruptcy notice or court order you must take action rather quickly to reduce future suffering. Owing anybody money known here as a creditor, may be any person or business to whom you owe money. If you’re unable to pay money to a creditor, the creditor will speak with the Australian
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  • Australia’s Household Debt Crisis Looms

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    Today in the news, former economics advisor John Adams revealed that Australia is too late to prevent an ‘economic apocalypse’ regardless of his continual warnings to the political elites in Canberra. He proceeded to advise the Reserve Bank to raise interest rates to prevent household debt getting further out of control. This bubble is easy
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  • ATO Debts Becoming Uncontrollable? Caution to all ABN holders, your ATO Debts may now cripple your credit rating. Beware of ATO Bankruptcy!

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    There is grim news for company owners who have an ATO debt as of 1 July 2017. Small businesses must be careful of ATO Bankruptcy since the ATO may divulge details of your tax debts to credit reporting agencies like Dun & Bradstreet and Veda Advantage. This will make it a lot more arduous for
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  • What Remains on Your Credit Report And For How Long?

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    A credit report is a comprehensive document that contains your history with creditors and has a notable effect on your future financial opportunities. Possessing a ‘good’ credit report is standard as long as you pay your bills and debt repayments on time. However, overlooking a repayment on a bill or debt repayment can cause substantial
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  • What Is It Like To Go Bankrupt?

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    There’s no question that bankruptcy isn’t the most desirable situation to be grappling with. There are some harsh financial penalties involved and it’s a very intricate and stressful process that will affect you financially for a couple of years to come. Finding yourself in mountains of debt can come about in the blink of an
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  • Bankruptcy in Australia – What To Understand about Debt Collection

    A lot of people deal with financial challenges at some point in their lives, and most of these people are quite likely to be familiar with debt collectors. A debt collector is a person whose job is to collect debts on behalf of an organisation. A debt collector can either be an employee of a
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  • 4 Types Of People Who Have Money Issues

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    When it comes down to money, a person’s personality takes on a considerable role in their financial decision-making. Each person is unique, and that’s what makes us human, so it really shouldn’t come as a shock that there are some personality types that are more likely to have money complications than others. It’s tough to
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  • What Is Debt Consolidation?

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    Nearly all of us have seen the plethora of debt consolidation ads on TV. There is a huge amount of competition in the debt consolidation market because sadly, lots of people are struggling financially and these businesses provide much needed financial relief. Home loans, car loans, credit cards; individuals can get loans from a broad
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  • What Happens After You File For Bankruptcy

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
    Bankruptcy is not a decision that should be taken lightly. There are some unpleasant financial implications involved and your financial freedom will be limited for several years to come. This doesn’t indicate that declaring bankruptcy is the end of the world though. It should really be considered as the first step in securing a bright
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  • Is Bankruptcy My Best Option? How To Know If Bankruptcy Is Right For You

    Bankruptcy Gladstone, Insolvency Gladstone, bankruptcy advice, insolvency service
      Experiencing financial hardship is a very stressful situation and sadly, millions of people across the world end up in this situation every year. Individuals in this predicament have various options to recover from their financial problems, and bankruptcy should be regarded as a last resort when all other options have been exhausted. You’ve quite
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Bankruptcy Gladston Blog