Bankruptcy in Gold Coast - Are you going to get bitten?

When people in Gold Coast 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 see one last sunset before he passes away. The boy was hesitant, but the rattlesnake pledged not to bite him in exchange for the ride. They travelled together only for the snake to eventually attack the boy despite his assurance not to do so. The snake's answer was 'You knew what I was when you picked me up.

Receiving the right financial advice in Gold Coast when it relates to Bankruptcy is a whole lot like that little boy's experience, laden with risk and danger, and generally skewed for the benefit of the individual supplying the advice. In most cases you'll get bitten except if you know what you've picked up before you move forward (avoid the rattlesnakes). I discovered the problem with receiving financial advice as a teenager, and it has been necessary 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 several investment options, and I went to visit a few financial advisors. It was clear that they had more money than I did: they had great suits and plush offices, they all appeared to exude confidence and have all the answers. What struck me was that they all had an extremely different idea of what I should do. This confused me so much that it put me off the entire idea of selecting any of them.

I'm sure currently you have read more than enough on the internet to be totally confused about Bankruptcy and what to do. It would probably be easier for me to help you learn about the nature of the financial snakes you could be grasping while you are trying to get to the bottom of your financial troubles in Gold Coast. In essence, you need to try and comprehend what your overarching alternatives are, do your very own research into where to proceed with your strategy for Bankruptcy, and after that approach just what you feel is best in Gold Coast for your needs. Essentially, you have 3 options for who to turn to.

The first option is a Solicitor - This may appear like the go-to option when you appear to be in trouble. But there certainly is only so much help they can give on this matter. There are absolutely specialist legal advisors in bankruptcy, but their expertise includes a hefty price.

Another choice you may think of is your accountant - they are incredibly useful and vital to the task of running your business, but for the most part, when you are thinking about Bankruptcy, your accountant won't be much help to you any more.

Your best bet? A Financial Counsellor that can talk about debt consolidation, personal insolvency agreements, and virtually all you have to figure out 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 get in touch with Bankruptcy Advice Gold Coast on 1300 879 867, or visit our website: bankruptcy-advice.com.au/GoldCoast .