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- October 6, 2016
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When people in Gladstone talk to me about Bankruptcy, I love telling them about the traditional Native American Fairy tale of the little boy and the Rattlesnake. An old rattlesnake requests a passing young boy to take him to the mountain top to see one last sunset before he dies. The boy was nervous, but the rattlesnake swore not to bite him in exchange for the trip. They journeyed side by side only for the snake to eventually bite the boy even after his promise not to do so. The snake’s reply was ‘You knew what I was when you picked me up.’ – Now it is a tale that is also known as the Scorpion and the Toad, and by many other names, but the message is the same – know what you are getting before you pick it up.
Finding the ideal financial help in Gladstone with Bankruptcy is a lot like that little boy’s journey, full of risk and danger, and usually manipulated for the benefit of the individual giving the advice. In many cases you’ll get bitten unless you understand what you have really picked up long before you move forward (steer clear of the rattlesnakes). I learned the challenge with getting financial advice as a young adult, and it has actually been essential to Bankruptcy. I ‘d been working very hard for a few years, and saved up a modest sum of money I chose to invest. It was the early 1980s so interest rates were generally fairly high and investing your money was quite financially rewarding. I spent a few years reading up on various investment possibilities, and I went to visit a few financial advisors. It was very clear that they had a lot more money than I did: they had nice suits and posh offices, they all seemed to give off confidence and have all the solutions. What struck me was that they all had a really different concept of what I should do. This puzzled me so much that it put me off the entire idea of deciding on any of them.
I’m sure that you have read more than enough online to be totally puzzled about Bankruptcy and exactly what to do. It would probably be much easier for me to help you take in the nature of the financial snakes you could be taking hold of while you are attempting to get to the bottom of your financial issues in Gladstone. Generally, you need to try and find out what your overarching choices are, do your own investigation into where to move on with your strategy for Bankruptcy, and after that approach what you feel is best in Gladstone for your needs. Essentially, you have 3 choices for who to look to.
The first choice is a Solicitor– This may look like the best choice when you seem to be in trouble. But certainly there is only just so much help they can offer on this matter. There are definitely specialist legal experts in personal bankruptcy, but their experience comes with a hefty price.
Another option you may consider is your accountant– they are extremely helpful and vital to the program of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be much help to you any more.
Your best option? A Financial Counsellor that can detail debt consolidation, personal insolvency agreements, and more or less all you need to know when it concerns Bankruptcy.
If you want to find out more about what to do, where to turn and what issues to ask about Bankruptcy, then feel free to talk to Bankruptcy Experts Gladstone on 1300 795 575, or go to our website: www.bankruptcyexpertsgladstone.com.au.