Are you struggling with

debts? 


 

What is 

Bankruptcy?

Bankruptcy is a legal process where a Trustee is appointed to administer an insolvent person’s affairs. Bankruptcy is a legitimate and just way for an individual to solve their debt problems. 

Bankruptcy isn't taboo. It's setup to help individuals who are experiencing financial stress in their life to be able to start again. Bankruptcy affects each person differently depending on your situation so let us provide you with some free advice to help you in making the best decision. If you're considering a debt agreement, or are on one. Pls contact us.

What is bankruptcy?How It works?Should I become bankrupt?

How It works?

You can get a fresh start

Complete a free online bankruptcy evaluation

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Frequently asked questions

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Thank you so much for all your help, I was so overwhelmed and scared. I had tried for years to pay my debts and just felt like a hamster on a wheel. You really made it easy for me and I’m so glad that I was able to get a fresh start in life. The stress relief was massive. Thanks again.

Julia

Are you getting kept awake with stress and anxiety? Concerned to answer your own phone? What would a fresh start mean to you?

Find out how bankruptcy will affect you & if it's the best option to free yourself of debt for 2020


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Last year in Australia there were over 15,000 bankruptcies! How long will it take you to pay off your current debts? Do you owe it to your family and yourself to give yourself a fresh start? If you're at your wits end and feel like you deserve more, let us help you!

Should I become 

bankrupt?

This is one of the most commonly asked questions from individuals who find themselves in a difficult financial position. To determine whether bankruptcy is the correct choice for your situation, simply click below and complete our Free, completely confidential “Bankruptcy Evaluation”. This evaluation takes many of your individual factors into consideration and evaluates them to help you decide whether Bankruptcy is right for you or not. 

It’s simple and only take a couple of minutes to complete.

Complete this quick bankruptcy evaluation
This is how you can go bankrupt in just 9 steps.

1. Determine your eligibility for bankruptcy.

2. Determine that Bankruptcy is your best option.

3. Obtain the necessary information.

4. Obtain the necessary documentation.

5. Complete a statement of affairs.

6. Completion of Debtors Petition.

7. Lodge the application with The Australian Financial Security Authority

8. Receive any rejected applications and remedy the reject reason, then correctly and completely re-lodge the application.

9. Obtain the Bankruptcy Number.

If I had known how easy and how much better off I would have been with bankruptcy I would have done it years ago. I thought it would affect me for the rest of my life. 2 weeks later and I now don’t get phone calls and harassment from my debts. Should have done it years ago. Thanks!

Matthew

Once the process was finished no more calls or harassment. The weight that was lifted was enormous. I’m greatful and amazed at how much better my life is. Depression and anxiety has all but dissapeared. Me and my family thank you

Judith 

Click here to complete a bankruptcy scorecardGet a free evaluation

The enclosed information is of necessity a brief overview and it is not intended that readers should rely wholly on the information contained herein to make any decisions. No warranty express or implied is given in respect of the information provided and accordingly no responsibility is taken by Bankruptcy4me or any member of the firm for any loss resulting from any error or omission contained within this website  

The initial bankruptcy consultation is a first meeting, usually lasting between 30-60 minutes. 

We will help you collect all the relevant information and documentation.

Inform your lawyer about the most urgent issues that you’re dealing with.

When a person is made bankrupt, a bankruptcy trustee is appointed to administer the bankrupt’s estate. 

Who looks after a bankrupt estate?

Can a bankrupt continue to earn income?

Yes of course, a bankrupt may continue to earn an income, and is definitely encouraged to do so.

Is the home protected?

As an asset, a family home is not protected from the process of bankruptcy, however, should you want to keep your property there’s a chance you can do so. As each case is different, we have been able to help many clients maintain their family home. Pls reach out to find out how we are able to help you with this.

What about my vehicle?

The answer is yes. You can keep a vehicle up to a certain value. To find out if your vehicle can be kept simply complete the Bankruptcy Evaluation below.

What about all my furniture and bits and pieces at home?

In most cases you can retain all your household furniture and personal belongings.

When does bankruptcy end?

The bankruptcy period automatically ends (i.e. the bankrupt is discharged) three years after the filing date of the Statement of Affairs.

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evaluation & bankruptcy report

Call us:  1800 978 355

Who looks after a bankrupt estate?

When a person is made bankrupt, a bankruptcy trustee is appointed to administer the bankrupt’s estate.

Can a bankrupt continue to earn income?

Yes of course, a bankrupt may continue to earn an income, and is definitely encouraged to do so.

As an asset, a family home is not protected from the process of bankruptcy. However should you want to keep your property there’s a chance you can do so. As each case is different, we have been able to help many clients maintain their family home. Pls reach out to find out how we are able to help you with this.

If there is equity in the home after paying out any proper mortgage and selling costs, the trustee is obliged to realise the property.

Is the home protected?

What about my vehicle?

The answer is yes. You can keep a vehicle up to a certain value. To find out if your vehicle can be kept simply complete the Bankruptcy Evaluation below.

What about all my furniture and bits and pieces at home?

In most cases you can retain all your household furniture and personal belongings.

When does bankruptcy end?

The bankruptcy period automatically ends (i.e. the bankrupt is discharged) three years after the filing date of the Statement of Affairs.

FREE ONLINE BANKRUPTCY EVALUATION - CLICK HERE