Get Professionals to help you with Bankruptcy Brisbane, Gold Coast.
The forms are available to the public on the AFSA website and are meant to be relatively simple so that people experiencing financial difficulty or hardship can complete and start anew easily. In reality, the form is lengthy and poses questions which can confuse and deter people from completing the process.
The consequences of declaring bankruptcy are serious and cannot be cancelled if you change your mind. It is for that reason that our team is here to help. Our experts have experience in assessing our clients’ individual circumstances to determine whether the benefits of bankruptcy outweigh the negative.
We understand that each person’s circumstance is different and so each form needs to be tailored to suit that specific individual. Our team regularly assist clients in completing the required forms, lodging them with the relevant authorities and handling the bankruptcy process from start to finish at minimal cost, quickly and efficiently.
To get started, contact Brisbane Debt Solutions today. We offer simple solutions to complex problems at affordable prices providing you with the support and assistance you need to get through these tough times.
Bankruptcy How Do I Get Started FAQ’s
How long does bankruptcy last in Australia?
Bankruptcy typically lasts for three years in Australia, although it can be extended in certain circumstances. During this time, the bankrupt person’s affairs are managed by a trustee, and they are required to comply with certain obligations, such as making regular payments to the trustee.
What happens at the end of the bankruptcy period?
At the end of the bankruptcy period, the bankrupt person is generally discharged from their debts. This means that they are released from most of their debts, with some exceptions, such as fines or penalties imposed by a court, or debts incurred through fraud or dishonesty.
How can Brisbane Debt Solutions help me after bankruptcy?
Brisbane Debt Solutions can provide assistance to individuals after they have been discharged from bankruptcy. This may involve providing advice on how to rebuild credit and financial stability, assisting with the removal of bankruptcy listings from credit reports, and helping to negotiate payment arrangements with any remaining creditors. We can also provide ongoing support and guidance to ensure that individuals remain on track with their financial goals.