What is Insolvency and Can it Happen to You?
Insolvency is a financial state where you simply can not afford to pay your financial commitments. Close to 70% of Australians said they are experiencing financial distress.
How Personal Insolvency Options Affect Your Credit Score
If you find yourself in a position where you’re unable to pay your bills, have growing debts like credit cards and loan repayments and your weekly income is not enough to meet your day-to-day living expenses, then you could be facing personal insolvency.
What is the Difference Between a Part IX (9) Debt Agreement and an Informal Agreement?
If you are unable to pay off your debts, a Debt Agreement is an affordable option that allows you to reduce your debts and avoid the long-term effects of Bankruptcy. There are two types of Agreements: A Formal Part 9 Debt Agreement (DA) and an Informal Agreement (IA).
Part IX (9) Debt Agreement Consequences
Some debt relief solutions in Australia come with consequences and restrictions. If you want to find a debt relief solution to improve your situation you should weigh up the pros and cons of each option. We have provided a summary of Part 9 Debt Agreement consequences.
Credit Cards and Buy Now Pay Later Services: What Method is Best?
A new interest free credit card has been announced in competition to other credit services. Find out which method is best before you commit.
JobKeeper and JobSeeker Supplement payments are ending – How will it affect you?
Currently receiving JobKeeper or JobSeeker Coronavirus Supplement payments? How will you budget when they stop in March? Here’s what you need to know.
The Ultimate Guide to Dealing with Debt Collectors
Our ultimate guide will go through everything you need to know about debt collectors and the best way to deal with them.
Rent vs Buy: The pros and cons post-pandemic
Rent vs buy: it’s the big dilemma of our generation. Is rent money really dead money? And what are the pros and cons of each in Australia’s post-pandemic climate?
Life After a Part IX (9) Debt Agreement: Celebrating Your Fresh Start
A Part 9 Debt Agreement discharge is your chance for a fresh financial start. Your debts are repaid, your financial slate is clean and you are in a position to start over.
Struggling to Pay Debts and at Risk of Insolvent Trading?
As the ATO ramps up debt recovery and temporary COVID support and protection ends, is your business at risk of trading while insolvent and what should you do?