If you have acquired a bankruptcy notice or court order you must act immediately to minimise future grief. Owing anyone money known here as a creditor, can be any individual or organisation to whom you owe money. If you're unfit to pay money to a creditor, the creditor will speak to the Australian Financial Security [...]

Today in the news, former economics advisor John Adams said that Australia is too late to avoid an 'economic apocalypse' despite his recurrent warnings to the political elites in Canberra. He continued to implore the Reserve Bank to raise interest rates to stop household debt getting further out of hand. This bubble is very simple [...]

A credit report is a detailed document that lists your history with creditors and has a major effect on your future financial abilities. Having a 'good' credit report is normal as long as you pay your bills and debt repayments on time. However, missing a repayment on a bill or debt repayment can cause significant [...]

There's no question that bankruptcy isn't the best situation to be experiencing. There are some unpleasant financial consequences involved and it's a very difficult and stressful process that will affect you financially for years to come. Finding yourself in mountains of debt can transpire very rapidly, and many individuals end up in this situation due [...]

Lots of individuals wrestle with financial difficulties at some point in their lives, and most of these individuals are probably familiar with debt collectors. A debt collector is an individual whose job is to collect debts on behalf of an organisation. A debt collector can either be an employee of an organisation you owe money [...]

When it comes to money, a person's personality serves a notable role in their financial decision-making. Everyone is unique, and that's what makes us human, so it really shouldn't come as a revelation that there are certain types of personalities that are more likely to have money problems than others. It's hard to modify your [...]

We've all seen the multitude of debt consolidation advertisements on TV. There is plenty of competition in the debt consolidation industry because sadly, many individuals are struggling financially and these businesses provide much needed financial relief. Mortgages, car loans, credit cards; people can attain loans from a wide variety of lenders for virtually anything these [...]

Bankruptcy is not a decision that should be taken lightly. There are some serious financial consequences involved and your financial freedom will be restrained for several years to come. This doesn't mean that declaring bankruptcy is the end of the world though. It should really be considered as the first step in securing a bright [...]

Going through financial hardship is a pretty stressful situation and unfortunately, millions of individuals around the world find themselves in this situation each year. Individuals in this situation have various options to recover from their financial troubles, and bankruptcy should be considered as a last resort when all other options have been exhausted. You've probably [...]