bankruptcy
13 results tagged bankruptcy:
The reality of going bankrupt in Australia
Insolvencies are rising. From travel bans to asset sales, here's what bankruptcy really means in Australia.
The money stories Aussies missed this week
From $9000 Australian Open seats to six-figure school costs and rising deepfake scams, here are the key money stories Australians need to know this week.
How to survive if you can’t make it to payday
With cost-of-living pressures rising, more Aussies are one emergency away from financial trouble. Here are seven smart ways to stay afloat.
The truth about bankruptcy and tax time
So you're declaring bankruptcy but at least you can look forward to a refund at tax time, right? Wrong. You're unlikely to get to keep any refunds for three years.
Better deals, fewer defaults: what open banking means for you
By the time most people are in financial difficulty, it's too late. Open banking will help lenders identify borrowers at risk and offer better terms.
Bankruptcy could be slashed to just one year, but is that a good thing?
A new Bill before Parliament could mean a radical change bankruptcy legislation, slashing the bankruptcy period from three years and one day to just a year.
What you can’t do after declaring bankruptcy
Bankruptcy can provide debt relief for people who have no other way out, but it comes with serious consequences, including not being able to travel overseas.
Ask Paul: Can I declare bankruptcy on a $30k Centrelink debt?
Helen owes $30,000 in Centrelink debt. Will the debt be wiped if she declares bankruptcy? Paul Clitheroe has the answer but it's not the one Helen wants.
Ask Paul: I want to travel overseas then declare bankruptcy
Paul owes $21,000 in personal loans. He plans to travel overseas then declare bankruptcy on his return. So what does Paul Clitheroe think of this plan?
Can a trust prevent kids from wasting their inheritance?
Testamentary trusts can be the answer for parents who want to leave an inheritance that will be protected from divorce, gambling or addiction.
