When people in Port Stephens talk to me about Bankruptcy, I tell them the traditional Native American Parable of the small boy and the Rattlesnake. An old rattlesnake wants a passing young boy to bring him to the mountain peak to see one last sunset before he dies. The boy was cautious, but the rattlesnake pledged not to bite him in exchange for the ride. They journeyed together only for the snake to ultimately bite the boy regardless his promise not to bite him so. The snake’s reply 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 ideal financial help in Port Stephens with Bankruptcy is a lot like that small boy’s journey, chock full of risk and danger, and usually skewed for the benefit of the person offering the advice. Most of the time you’ll get bitten unless you know what you have really picked up long before you move on (avoid the rattlesnakes). I learned the problem with getting financial advice as a young adult, and it has actually been crucial to Bankruptcy. I ‘d been working very hard for a number of years, and saved up a small sum of money I wanted to invest. It was the early 1980s so interest rates were simply fairly high and investing your money was quite lucrative. I spent a few years reading up on various investment options, and I went to check out a few financial advisors. It was very clear that these guys had more money than I did: they had good suits and posh offices, they all seemed to exude confidence and have all the solutions. What struck me was that they all had a really different strategy of just what I should do. This puzzled me so much that it put me off the whole idea of picking any of them.
I’m sure that you have learnt more than enough online to be totally puzzled about Bankruptcy and just exactly what to do. It would most likely be much easier for me to help you understand the nature of the financial snakes you may be grasping while you are aiming to get to the bottom of your financial troubles in Port Stephens. Basically, you need to try and determine what your overarching alternatives are, do your own research into where to move on with your strategy for Bankruptcy, then afterwards approach what you feel is best in Port Stephens for your needs. Ultimately, you have 3 options for who to choose.
The first option is a Solicitor– This may appear like the best option when you seem to be in trouble. But undoubtedly there is only just so much support they can give on this matter. There are certainly specialist legal experts in bankruptcy, but their experience comes along with a hefty price.
Another possibility you may think of is your accountant– they are incredibly helpful and vital to the program of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be much support to you any longer.
Your best choice? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and all you need to know when it involves Bankruptcy.
If you want to figure out more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Port Stephens on 1300 795 575, or go to our website: www.bankruptcyexpertsportstephens.com.au.