When people in
Brisbane ask me about Bankruptcy, I
tell them the classic Native American Fable of the little boy and the
Rattlesnake. An old rattlesnake asks a passing young boy to carry him to the mountain
top to view one last sunset before he passes away. The boy was reluctant, but
the rattlesnake vowed not to bite him in exchange for the ride. They went
together only for the snake to ultimately bite the boy despite his assurance
not to do so. The snake's reply was 'You knew what I was when you picked me up.
Getting the
right financial advice in Brisbane when it concerns Bankruptcy is a whole lot
like that little boy's journey, fraught with risk and danger, and usually
skewed for the benefit of the person offering the advice. In many cases you'll
get bitten unless you know what you've picked up long before you move forward
(avoid the rattlesnakes). I learned the problem with getting financial advice
as a teenager, and it has been vital to Bankruptcy. I'd been keeping my nose to
the grindstone for a few years, and saved up a little bit of money I wanted to
invest. It was the early 1980s so interest rates were pretty high and investing
your money was quite profitable. I spent time researching different investment
options, and I went to visit a few financial advisors. It was transparent that
they had more money than I did: they had good suits and plush offices, they all
appeared to exude confidence and have all the answers. What struck me was that
they all had a very different idea of what I should do. This frustrated me so
much that it put me off the entire idea of choosing any of them.
I'm sure by now
you have read enough on the internet to be totally puzzled about Bankruptcy and
what to do. It would probably be easier for me to help you comprehend the
nature of the financial snakes you may be grasping while you are attempting to
get to the bottom of your financial troubles in Brisbane. Essentially, you have
to try and figure out what your overarching alternatives are, do your own
research into where to proceed with your plan for Bankruptcy, and after that
approach what you feel is best in Brisbane for your requirements. Basically,
you have 3 options for who to turn to.
The first option
is a Solicitor - This may seem like the go-to choice when you seem to be in
trouble. But there certainly is only just so much assistance they can give on
this matter. There are absolutely specialist legal advisors in bankruptcy, but
their expertise features a hefty price.
Another
possibility you may consider is your accountant - they are incredibly useful
and vital to the task of operating your business, but for the most part, when
you are considering Bankruptcy, your accountant won't be much help to you
anymore.
Your best choice?
A Financial Counsellor that can outline debt consolidation, personal insolvency
agreements, and virtually all you should know when it comes to Bankruptcy.
If you want to
find out more about what to do, where to turn and what questions to ask about Bankruptcy,
then feel free to contact Bankruptcy Advice Brisbane on 1300 879 867, or visit
our website:bankruptcy-advice.com.au/Brisbane.
