Bankruptcy

Are you behind in paying your debts? Is the constant harassment and pressure at all hours from the debt collectors starting to wear you down?

If this pressure is starting to affect your health, then it is time you contacted a Financial Counsellor to discuss your options. Financial Counsellors can assist in exploring these options and give information on bankruptcy or alternatives such as debt agreements.

Filing for bankruptcy can relieve pressure but there are advantages and disadvantages of taking this step that the Financial Counsellor is able to explain to you in your personal financial situation. Some of the disadvantages of bankruptcy are, not being able to access credit in the future, not being able to continue existing employment in some cases, lose the family home etc.

If you are in debt and considering bankruptcy, you should know that bankruptcy should be your last resort.

Never consider lodging bankruptcy papers before seeking an appointment with a Financial Counsellor.

Financial Counsellors are trained, experienced professionals having the required skills and knowledge to assist you with bankruptcy or alternatives such as debt agreements.

If you require assistance, please call your local Financial Counsellor for an appointment.

Further information and assistance can be obtained by contacting the Insolvency and Trustee Service Australia on the following website link.

www.itsa.gov.au