Twice a year, the Indexed Amounts are updated.  “What are Indexed Amounts?”  I hear you ask?? Well!  These are the limits applicable to certain aspects under The Bankruptcy Act, such as; The amount of income you earn whilst Bankrupt, before being required to make contributions to your bankrupted debts; The limits applicable to the value… Read more

This blog title may sound familiar as it is another ‘Buy Now Pay Later’ Credit scheme; No, we haven’t written about ZipPay before, but we have written about its sister AfterPay and whether or not the ‘modern day lay-by’ is helpful or harmful. What did we decide? Read the blog to find out. And what do… Read more

If you’re struggling with serious debt, bankruptcy can be a real solution to your problems.  What you may not know though, is that there are also serious consequences to this solution.  These serious consequences include your trustee being able to claim and sell some of your most-prized possessions. So, what exactly could you lose if… Read more

Dealing with a debt collector is something that no one ever wants to have to do. Unfortunately, though, it is a situation which can arise within your lifetime if you have debt you owe, whether you want it to or not.  Debt collectors have a reputation (in some cases a well-deserved one) for being obnoxious,… Read more

There’s a bank in town which outperforms many of its competitors. We’ve all heard of it, most of us have borrowed from it, some of us have even been lucky enough to have received some sizeable and generous donations from it and there are millions of branches around the world.  What are we referring to?… Read more

Bankruptcy.  It’s not exactly a positive word.  Nor is it a position which any of us want to find ourselves in.    However, whether we like it or not, the situation does happen to thousands of Australians, every year. If you can’t meet all your debts and bankruptcy is a possibility, then it’s safe to say… Read more

A recent article from ABC news has detailed the bankruptcy surge to hit Australia, noting that more than 32,000 Australians declared bankruptcy during the 2018 financial year, with households in resource-dependent WA and Queensland doing it particularly tough. As alarming as this topic may be, we feel it’s important for fellow Australians to be in… Read more

If you can’t meet all your debts, then it’s safe to say you’re probably feeling worried, stressed, overwhelmed. You may even be concerned about how to avoid bankruptcy.  Don’t worry – There are options to avoid bankruptcy and you’re definitely not alone. Debt Agreements are just one of those options and Life After Debt ®… Read more

Feeling stressed? You’re not alone.  According to recent Medibank research, the incidence of stress has peaked of late, with the number of Australians affected rising from 3.7 million in 2007-08 to over 4.9 million in 2016-17.  On top of this, the Financial Stress Survey by CoreData and Financial Mindfulness, found that one in three Australians feel… Read more

You got yourself into some debt and have now discovered that your credit score isn’t great.  Naturally, you want to repair it, but you don’t know how to do it or where to start.  In our latest blog, we warn you about the dangers of ‘credit repair’ companies and paying to try to fix your… Read more