Bankruptcy in Tablelands and how to avoid getting bitten.
When people in Tablelands talk to me about Bankruptcy, I tell them the traditional Native American Tale of the small boy and the Rattlesnake. An old rattlesnake implores a passing young boy to bring him to the mountain peak to see one last sunset before he passes away. The boy was nervous, but the rattlesnake gave his word that he would not to bite him in exchange for the trip. They journeyed side by side only for the snake to inevitably bite the boy regardless his promise not to so. The snake’s reaction was ‘You knew what I was when you picked me up.’ – Now it is a tale that is also known as the Scorpion and the Toad, and by many other names, but the message is the same – know what you are getting before you pick it up.
Securing the ideal financial advice in Tablelands with Bankruptcy is a great deal like that small boy’s journey, full of risk and peril, and usually skewed for the advantage of the person providing the advice. Most of the time you’ll get bitten unless you know what you have actually picked up long before you move on (stay away from the rattlesnakes). I learned the issue with getting financial advice as a young adult, and it has definitely been essential to Bankruptcy. I ‘d been working really hard for a number of years, and saved up a small sum of money I really wanted to invest. It was the early 1980s so interest rates were generally fairly high and investing your money was quite rewarding. I spent a few years investigating various investment options, and I went to visit a few financial advisors. It was obvious that these guys had more money than I did: they had good suits and posh offices, they all seemed to radiate confidence and have all the answers. What hit me was that they all had a really different concept of just what I should do. This puzzled me so much that it put me off the entire idea of deciding on any of them.
I’m sure that you have read more than enough online to be totally puzzled about Bankruptcy and really what to do. It would probably be simpler for me to help you take in the nature of the financial snakes you might be taking hold of while you are trying to get to the bottom of your financial issues in Tablelands. Generally, you need to try and determine what your overarching choices are, do your own investigation into where to continue with your strategy for Bankruptcy, then approach what you feel is best in Tablelands for your needs. Essentially, you have 3 options for who to look to.
The first option is a Solicitor– This may look like the go-to possibility when you seem to be in trouble. But certainly there is only so much support they can give on this matter. There are most definitely specialist legal advisors in bankruptcy, but their experience comes along with a hefty price.
Another option you may consider is your accountant– they are very helpful and vital to the process of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be much support to you any more.
Your best choice? A Financial Counsellor that can detail debt consolidation, personal insolvency agreements, and essentially all you need to know when it involves Bankruptcy.
If you want to find out more about what to do, where to turn and what issues to ask about Bankruptcy, then feel free to speak with Bankruptcy Experts Tablelands on 1300 795 575, or go to our website: www.bankruptcyexpertstablelands.com.au.