The number of people declaring Bankruptcy each year is on the decline in Australia. In the 2016-17 Financial Year: 16,320 people declared bankruptcy (down 5.1% from the previous year) Personal bankruptcies in South Australia fell to the lowest level on…
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…
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…
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…
Looking for bankruptcy advice on whether or not to declare? Before you do anything, you need to understand bankruptcy is a last resort to bad debt and there are a number of solutions available to help you. The best thing…
The limitations of bankruptcy make it an incredibly difficult state to be in. With restrictions on your income, assets, job and lifestyle choices bankruptcy can be invasive and disrupt your life. Debt Rescue exists to provide positive debt solutions to…
