Category Archives: Bankruptcy

Dealing with Debt Stress

Australia’s household debt is at unpreceedented levels. Many everyday families are struggling to keep up with mortgage and rent repayments as well as pay for utilities and put food on their tables. Some are faced with the difficult choice of housing vs food. Can this really be the lucky country down under? National Debt Helpline is receiving numerous call from...
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At risk of having your home repossessed?

If you have a mortgage secured by your home or an investment property, then falling behind in mortgage repayments without advising the lender of your financial hardship, and renegotiation your current loan repayments, may result in your property being repossessed. While the lender’s rights to repossess a property differ for investment properties as compared to a property you actually live...
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Looking for a small personal loan to consolidate debts may be a waste of time

We often hear from debt-laden individuals on the lookout for a small personal loan to consolidate their debts. They are behind in some of their repayments, credit cards are over the limit and all they can think of is to take out another small loan to tie-them-over for a few weeks when things are bound to get better…..but why? We...
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Borrowing following a debt agreement

A decision to enter a debt agreement is usually preceeded by a period of financial difficulty and debt anxiety. Consequently few people take into consideration the impact of a debt agreement on their ability to borrow in the future. Nonetheless it is important to understand and take on board before choosing a debt solution. What is a Debt Agreement? A...
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What can a Debt Agreement offer you?

Debt Agreements offer an effective debt solution for people who have significant unaffordable unsecured debt. However individuals who are on a high income or those who have a mixture of secured and unsecured debt may find that a Debt Agreement is unsuitable for their circumstances and alternative debt remedies need to be investigated. Debt agreements can have some adverse affects...
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