When people in Whitsundays talk to me about Bankruptcy, I tell them the classic Native American Tale of the little boy and the Rattlesnake. An old rattlesnake demands a passing young boy to carry him to the mountain peak to see one last sunset before he dies. The boy was unsure, but the rattlesnake pledged not to bite him in exchange for the ride. They journeyed side by side only for the snake to inevitably bite the boy regardless his promise not to do so. The snake’s response 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.
Acquiring the right financial help in Whitsundays with Bankruptcy is a great deal like that little boy’s journey, loaded with risk and hazards, and usually manipulated for the benefit of the person offering the advice. In most cases you’ll get bitten unless you know what you have really picked up long before you move on (avoid the rattlesnakes). I discovered the concern with getting financial advice as a teenager, and it has certainly been essential to Bankruptcy. I ‘d been working hard for a few years, and saved up a modest amount of money I wanted to invest. It was the early 1980s so interest rates were actually fairly high and investing your money was quite financially successful. I spent a few years researching various investment possibilities, and I went to check out a few financial advisors. It was clear that they had much more money than I did: they had nice suits and lush offices, they all seemed to project confidence and have all the answers. What struck me was that they all had a very different concept of 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 found out more than enough on the internet to be totally puzzled about Bankruptcy and exactly what to do. It would most likely be less troublesome for me to help you know the nature of the financial snakes you might be grasping while you are aiming to get to the bottom of your financial problems in Whitsundays. Essentially, you need to try and determine what your overarching options are, do your own investigation into where to proceed with your strategy for Bankruptcy, then approach what you feel is best in Whitsundays for your needs. Generally, you have 3 choices for who to turn to.
The first option is a Solicitor– This may appear like the best chance when you appear to be in trouble. But certainly there is only so much help they can provide on this matter. 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 process 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 detail debt consolidation, personal insolvency agreements, and pretty much all you need to know when it comes to Bankruptcy.
If you wish to learn more about what to do, where to turn and what issues to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Whitsundays on 1300 795 575, or go to our website: www.bankruptcyexpertswhitsundays.com.au.