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Bankruptcy Archives | Debt Rescue

Bankruptcy Discharge: How to rebuild your finances

26th January, 2017No Comments

Congratulations! Your bankruptcy period is over and your debt troubles are far behind you. You might now notice that the Bankruptcy has left a mark on your credit file and you are finding it difficult to start over. Here are some tips on how to get your credit rating back…

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The Definitive List of Bankruptcy Regulations

31st March, 2016No Comments

Here is a definitive list of bankruptcy regulations. If you are considering bankruptcy, you should first consider how the strict bankruptcy regulations will impact your life. Bankruptcy has many restrictions and regulations which could impact your home, your job and your credit file. Read on for our definitive list of…

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Bankruptcy Means Test

29th February, 2016No Comments

Bankruptcy is an accessible and readily available option for people to get out of severe debt. The eligibility criteria is minimal and the application process is as simple as providing the appropriate documents. However the consequences of bankruptcy are severe and it should never be entered into lightly. This bankruptcy…

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Debt Agreement vs Bankruptcy

When it comes to a Debt Agreement vs Bankruptcy, which debt relief solution is best? When people fall into bad debt, they can turn to a number of debt relief solutions to help them out of trouble. often it comes down to two options: a Debt Agreement vs Bankruptcy. IF…

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5 Reasons to Avoid Bankruptcy

17th April, 2013No Comments

When Aussies get into debt, their minds immediately jump to bankruptcy.  There are plenty of things you can try first to avoid bankruptcy. Declaring bankruptcy is commonly viewed as ‘the easy way out’ of debt but there is nothing easy about bankruptcy. The complicated process is stressful, lengthy and involves…

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Restrictions During Bankruptcy

13th March, 2013No Comments

There are many restrictions during bankruptcy you must comply with to meet the terms of the arrangement. These restrictions can have a very limiting and stressful impact on the way you live your life. Before you enter into bankruptcy, familiarise yourself with the restrictions during bankruptcy and decide whether it…

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Declaring Bankruptcy in Australia

21st February, 2013No Comments

Declaring Bankruptcy in Australia is a simple enough process.  However if you combine the constant pressure and harassment from your creditors and the stress you have suffered through your financial ordeal, the simple process suddenly becomes incredibly difficult. Declaring Bankruptcy in Australia is telling your creditors you don’t have enough…

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Bankruptcy in Australia

14th February, 2013No Comments

Bankruptcy in Australia is a very concerning problem. With one in eight Aussies living below the poverty line, almost 2 million people earn less than half the national median wage. Combine that with the state of the housing market and the severe loss of jobs occurring across the country and…

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Bankruptcy Information

18th January, 2013No Comments

All you need to know about declaring Bankruptcy Bankruptcy Information will help you decide whether this debt relief solution is the right one for you. Debt Rescue is committed to finding a positive solution for every Aussie who asks us for help. The positive solution our case managers suggest for…

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Get out of Debt without declaring bankruptcy

You can get out of debt without declaring bankruptcy. Sometimes debt can become overwhelming, whether your circumstances have changed or you have taken on too many financial commitments. When you face serious financial hardship, you are facing uncertainty, stress and anxiety which can penetrate into other areas of your life…

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