If you are feeling like you are totally trapped and overcome by debt, then Bankruptcy Cairns will be able to assist you. Can you think of a future debt-free? A future devoid of blocked calls and juggling your finances on daily basis? If you are looking at bankruptcy there is one extremely important concept you must know, and that is that the earlier you act the more solutions you will have. In the majority cases it will only take a few days and you will be entirely debt-free and you can start enjoying life again. Call now for a no cost consultation on 1300 795 575.
This is a question only you can answer, of course, but there are instances where the option to file for bankrupt is a misstep. Put simply, there are 5 very important things to consider or questions you must answer.
The Big 5
If you would like to have these questions made clear in detail, feel free to download “The Big 5” eBook that’s displayed on the home page here. Just complete your details and we will email it to you for free. If you just want some answers instantly feel free to phone us on 1300 795 575.
Getting helpful advice is easy, getting the right advice is one of the difficulties with any kind of financial problem, and finding the best professional is even more challenging. The world of insolvency is very specialized and niche, and as a result there aren’t many of us around. Here at Insolvency Experts Cairns it’s our specialty. Our warm and friendly and professional staff are here to aid you get the best advice the first time.
Ordinarily, people do a few things when they are considering bankrupt. Firstly, they may chat with some trusted friends and/or search the net. The difficulty with both of those approaches is that the information is generally incorrect and remarkably general. There are no two situations the same, as everyone has an unique set of financial scenarios that must be considered in this process.
You could take a day off work and comb the yellow pages all day for an accountant or solicitor in Cairns that specializes in insolvency and you will never find one that does insolvency work exclusively. Accountants are great at saving you on your tax, and lawyers will help you buy your home and that’s about it. It’s not that they are not capable of doing it; they just don’t get much demand for it. Our best customers are solicitors and accountants, as we closely liase with them to aid their clients survive this very tough process.
When a Business Owner finds him or herself in an impossible financial situation they are typically advised to speak to a Liquidator and put the company into Voluntary Liquidation. The thinking is that because you are paying the Liquidator they will consider your best interests and aid you to get back on your feet. NOTHING IS FURTHER FROM THE TRUTH.
Although liquidators, administrators and receivers are usually wonderful individuals, they have a job to do. Once they are appointed, their duty is to your creditors (people you owe money to) and to the courts, not to you. They are to sell off assets to accumulate as much money as possible from the liquidated company to pay off these creditors. That’s it. If for one minute you feel they will look after your best interests, you are wrong. You do not even factor into the equation. Remember, liquidators are not your friend! Call us before you appoint a liquidator on 1300 795 575.
If you don’t think bankrupt is best for you, we understand. If you would like to check out some insolvency or debt management solutions, we can also help you with the following approaches:
Trying to choose what possibility is best for you is hard. Usually, most practitioners in Cairns charge for an initial consultation and you will find you will be more confused than when you began. We are certain we can guide you with your debts and that is why we confidently offer a completely FREE, no strings attached initial consultation.
Bankruptcy Experts Cairns can help you get back on your feet. Believe it or not, you have already done the hardest part by hopping on the web to find someone to help you, and it’s all easier after that so feel free to phone us now on 1300 795 575.