Bankruptcy in Brisbane - Are you going to get bitten?

When people in Brisbane ask me about Bankruptcy, I let them know the timeless Native American Fable of the little boy and the Rattlesnake. An old rattlesnake asks a passing young boy to carry him to the mountain top to discover one last sunset before he passes away. The boy was reluctant, but the rattlesnake promised not to bite him in exchange for the ride. They journeyed together only for the snake to ultimately attack the boy despite his assurance not to do so. The snake's response was 'You knew what I was when you picked me up.

Obtaining the right financial advice in Brisbane when it pertains to Bankruptcy is a lot like that little boy's encounter, tangled up with risk and danger, and generally skewed for the benefit of the person supplying the advice. In most cases you'll get bitten except if you know what you've picked up long before you move forward (avoid the rattlesnakes). I discovered the problem with getting financial advice as a teenager, and it has been fundamental to Bankruptcy. I'd been working hard for a few years, and saved up a small amount of money I wanted to invest. It was the early 1980s so interest rates were fairly high and investing your money was very profitable. I spent some time researching many different investment options, and I went to visit a few financial advisors. It was obvious that they had more money than I did: they had good suits and plush offices, they all seemed to exude confidence and have all the answers. What struck me was that they all had a really different strategy of what I should do. This frustrated me so much that it put me off the whole idea of selecting any of them.

I'm sure currently you have read more than enough on the internet to be totally bewildered about Bankruptcy and what to do. It would undoubtedly be easier for me to help you understand the nature of the financial snakes you may be grabbing while you are attempting to get to the bottom of your financial issues in Brisbane. In essence, you need to try and recognize what your overarching choices are, do your very own research into where to proceed with your plan for Bankruptcy, and after that approach the things you feel is best in Brisbane for your needs. Essentially, you have 3 options for who to turn to.

The first option is a Solicitor - This may appear like the go-to solution when you appear to be in trouble. But there is only just so much assistance they can give on this matter. There are absolutely specialist legal advisors in bankruptcy, but their knowledge features a hefty price.

Another choice you may think about is your accountant- they are incredibly useful and vital to the process of managing your business, but for the most part, when you are considering Bankruptcy, your accountant won't be much help to you anymore.

Your best choice? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and basically all you have to know when it comes to Bankruptcy.

If you would like to find out more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to speak to Fresh Start Solutions Brisbane on 1300 818 575, or visit our website: freshstartsolutions.com.au/bankruptcy-Brisbane.