Affordable and Friendly

Australian Bankruptcy Service

If you have debt/s that you can’t pay, what can you do? The law allows you to go bankrupt. Tens of thousands of ordinary Australians have found voluntary bankruptcy to be the answer to their debt problems. Bankruptcy is a new beginning, a fresh start in life.

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Phone

1300 163 017

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Solutions Manager

George Stewart
0406 085 319

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AFSA RDAA Licence 1149

Keith Dorahy

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Serving

All of Australia

Advice and assistance from a licensed Firm

Our promises to you

1. Our principal is a licensed Debt Agreement Administrator through AFSA (Australian Financial Security Authority, the bankruptcy office). This shows our understanding of consumer bankruptcy and obligates us to advise in your best interests.

2. AFCA (Australian Financial Complaints Authority) Member. If something goes wrong you have somewhere to complain to. Where will you go if you deal with unregulated firms?

3. The whole application process and completion of paperwork/forms can be done for you.

4. Guaranteed acceptance. We will guarantee your application will be accepted. Money back guaranteed.

5. A complete confidential (We do not record phone calls) service that can be completed over the phone.

6. Australia wide. If you are in Australia we can help you can get this done.

7. We promise that we will look after you. You will receive a level of service that will have you feeling it is beyond what you could have expected.

8. We can do all of the following for you:

+ Complete all paper/online work.
+ Provide advice and certainty based on your situation.
+ Deal with the Government (AFSA).
+ Deal with the creditors.
+ Look after your entire case.

Your credit rating

The fact you have gone Bankrupt will go on a government file known as the NPII. It is from here that the credit rating company, Equifax (previously known as Veda or the CRAA) gets the information. They are allowed to hold the details on your file for 5 years.

BANKRUPTCY TIME

Generally you will be Bankrupt for 3 Years. It is during this time that you would have to make contributions from your income if it is over the base income threshold amount. The amount for a person, with no dependants is currently $1,100.75 net (after tax) per week.

ASSETS

If you have any significant assets you would expect to have to surrender them for the benefit of your creditors. However there are some things that you are allowed to keep including a car up to a certain value, household & personal items and tools of trade among other things.

YOUR HOME

Depending on the amount of equity you have in your home, ideally the less the better, it may be possible that you can stay in it (Ask us how). If you have a larger amount of equity you most likely will lose your home. If you are renting going bankrupt will not affect your lease.

BEING IN BUSINESS

Just because you are Bankrupt it doesn’t mean that you can’t have a business or be self-employed. You are however unable to be a director of a company.

OVERSEAS TRAVEL

We have never had a client been refused to travel overseas. If overseas travel is an issue for you then speak to us.

KEEPING YOUR CAR

If your car is under finance it does not mean that you will lose it because you go Bankrupt. Generally if you can maintain the payments you can keep your car.

Car, Income and Home

Find out more about how bankruptcy affects your income, your home and your car.

Learn More

Avoiding Bankruptcy

There are ways to avoid bankruptcy if you can pay something, even if it isn’t the full amount that you owe.

Learn More

Business, Tax, Trustee

Have tax debt? Self-employed or want to start a business? Think you need a Private Trustee?

Learn More

Fee's, Reviews and contacts

Get an idea what it is going to cost. Read some reviews from our clients.

Learn More

Call For a Free Consultation

Call today for a free friendly chat. We will explain how your situation will be affected and how we will assist you.

1300 163 017

Bankruptcy Myths

I can’t file for Bankruptcy because I have a job

FALSE – Most people who file for bankruptcy are employed.

I won’t be able to go overseas

FALSE – We have helped thousand’s of people and never had anyone refused permission to travel overseas.

Only losers go Bankrupt

FALSE – Bankruptcy laws were made because good people can hit bad times.

I will have to make payments to the government if I go Bankrupt

MOST PEOPLE DON’T – A person with no dependants can earn $1,100.75 a week after tax and it is all protected. You will keep the lot. The protected amount is higher if you have dependants.

My employer will be told

FALSE – Your employer will not be automatically informed about your bankruptcy.

They will say I can afford my debts

FALSE – We have helped thousand’s of people and only twice has this been said. In both of these cases the person’s were allowed to go bankrupt anyway.

I can’t ever buy a house for the rest of my life

FALSE – Just because you go bankrupt it doesn’t mean you are barred for life from buying a house.

Get In touCh

Have a free chat and see how we will help you.

After hours available

We will consult with you and do all work with you of an evening or weekend.

Complete the form>>>>

We will call you at a time that suits you. >>>>

Free assessment

It will cost you nothing to get an idea of your options and how much you can reduce your payments by.

Nothing to lose

All you can lose is a whole heap of debt.