When people in Melbourne ask me about Bankruptcy,
I let them know the simple 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
reluctant, but the rattlesnake pledged not to bite him in exchange for the
ride. They travelled together only for the snake to ultimately attack the boy
despite his vow not to do so. The snake's reply was 'You knew what I was when
you picked me up.'.
Obtaining the right financial advice in
Melbourne when it concerns Bankruptcy is a whole lot like that little boy's
journey, fraught with risk and danger, and typically skewed for the benefit of
the person providing 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 obtaining financial advice as a teenager, and it
has been key 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 rather high and investing your money was
really profitable. I spent a few years researching varied investment options,
and I went to visit a few financial advisors. It was crystal 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 hit me was that
they all had a really different idea of what I should do. This puzzled me so
much that it put me off the whole idea of opting for any of them.
I'm sure currently you have read enough on
the internet to be totally puzzled about Bankruptcy and exactly what to do. It
would most likely be easier for me to help you learn about the nature of the
financial snakes you may be grasping while you are trying to get to the bottom
of your financial troubles in Melbourne. In essence, you need to try and understand
what your overarching alternatives are, do your very own research into where to
proceed with your plan for Bankruptcy, and then approach what you feel is best
in Melbourne for your needs. Basically, you have 3 options for who to turn to.
The first option is a Solicitor - This may
look like the go-to choice when you appear to be in trouble. But there
certainly is only so much help they can give on this matter. There are
definitely specialist legal advisors in bankruptcy, but their expertise
includes a hefty price.
Another possibility you may consider is
your accountant - they are incredibly helpful and vital to the process of
operating your business, but for the most part, when you are considering Bankruptcy,
your accountant won't be much help to you any more.
Your best option? 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 would like to find out more about
what to do, where to turn and what questions to ask about Bankruptcy, then feel
free to speak to Bankruptcy Experts Melbourne on 1300 795 575, or visit our
website: www.bankruptcyexpertsMelbourne.com.au.
