October 6, 2016Comments Closed

Bankruptcy in Ipswich and how to avoid getting bitten.

Posted by:admin onOctober 6, 2016

When people in Ipswich ask me about Bankruptcy, I love telling them about the classic Native American Parable of the little boy and the Rattlesnake. An old rattlesnake requests a passing young boy to take him to the mountain peak to see one last sunset before he dies. The boy was skeptical, but the rattlesnake swore not to bite him in exchange for the journey. They journeyed together only for the snake to ultimately bite the boy despite his promise not to do so. The snake’s reply was ‘You knew what I was when you picked me up.’ – Now it is a tale that is also known as the Scorpion and the Toad, and by many other names, but the message is the same – know what you are getting before you pick it up.

bankruptcyFinding the right financial help in Ipswich with Bankruptcy is a whole lot like that little boy’s journey, loaded with risk and peril, and usually manipulated for the benefit of the individual giving the advice. For the most part you’ll get bitten unless you understand what you have indeed picked up long before you move forward (stay away from the rattlesnakes). I learned the concern with getting financial advice as a teenager, and it has definitely been essential to Bankruptcy. I ‘d been working hard for a couple of years, and saved up a small sum of money I chose to invest. It was the early 1980s so interest rates were generally fairly high and investing your money was quite financially successful. I spent a few years reading up on various investment possibilities, and I went to check out a few financial advisors. It was clear that these guys had much more money than I did: they had nice suits and luxurious offices, they all seemed to give off confidence and have all the solutions. What hit me was that they all had a really different concept of just what I should do. This puzzled me so much that it put me off the entire idea of choosing any of them.

I’m sure that you have learnt more than enough on the internet to be totally puzzled about Bankruptcy and precisely what to do. It would probably be much simpler for me to help you understand the nature of the financial snakes you may be grasping while you are trying to get to the bottom of your financial issues in Ipswich. Generally, you need to try and determine what your overarching choices are, do your very own investigation into where to move on with your plan for Bankruptcy, then approach what you feel is best in Ipswich for your needs. Basically, you have 3 options for who to choose.

The first choice is a Solicitor– This may appear like the best chance when you appear to be in trouble. But certainly there is only just so much help they can provide on this issue. There are certainly specialist legal experts in bankruptcy, but their experience comes with a hefty price.

Another possibility you may consider is your accountant– they are extremely helpful and vital to the program of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be very much help to you any longer.

Your best option? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and essentially all you need to know when it concerns Bankruptcy.

If you would like to learn more about what to do, where to turn and what issues to ask about Bankruptcy, then feel free to speak with Bankruptcy Experts Ipswich on 1300 795 575, or go to our website: www.bankruptcyexpertsipswich.com.au.

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