bankruptcy

Canberra Plans To Raise Bankruptcy Threshold

Jan 27, 2010 - Eric Smyth

There are new proposed laws that will mean that creditors will have to wait 28 days before taking action to recover debt.

Canberra plans to raise the bankruptcy threshold from $2,000 to $10,000 and banks are against this, as they feel it will only encourage Australians to run up bad debts.

Help for battlers to avoid bankruptcy

Aug 26, 2009 - Eric Smyth

Battlers who struggle to make ends meet after losing their jobs will be saved the humiliation of forced bankruptcy.

More middle class declare bankruptcy

Apr 16, 2009 - Eric Smyth

More and more middle class and high-income earners are taking advantage of cheap and easy insolvencies to escape debt and bankruptcy. Australia is experiencing a boom in insolvency activity and Victoria is the epicenter of the debt crisis.

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Savings Accounts Australia

Are you getting the best value for your dollar? Here is the best Savings Accounts in Australia at the moment: