When people in
Darwin ask me about Bankruptcy, I
tell them 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 discover one last sunset before he dies. The boy was reluctant,
but the rattlesnake promised not to bite him in exchange for the ride. They
journeyed together only for the snake to in the end attacks the boy despite his
assurance not to do so. The snake's answer was 'You knew what I was when you
picked me up.
Acquiring the
right financial advice in Darwin when it pertains to Bankruptcy is a lot like
that little boy's encounter, fraught with risk and danger, and typically skewed
for the benefit of the individual providing the advice. In most cases you'll
get bitten except if you know what you've picked up long before you move
forward (avoid the rattlesnakes). I learned the problem with getting financial
advice as a teenager, and it has been key to Bankruptcy. I'd been working hard
for a few years, and saved up a small amount of money I wanted to invest. It
was the early 1980s so interest rates were very high and investing your money
was really profitable. I spent time researching a variety of investment
options, and I went to visit a few financial advisors. It was transparent that
they had more money than I did: they had good suits and plush offices; they all
seemed to exude confidence and have all the answers. What hit me was that they
all had an extremely different idea of what I should do. This puzzled me so
much that it put me off the entire idea of selecting any of them.
I'm sure
currently you have read more than enough on the internet to be totally
bewildered about Bankruptcy and exactly what to do. It would undoubtedly be
easier for me to help you learn about the nature of the financial snakes you
might be picking up while you are trying to get to the bottom of your financial
concerns in Darwin. Basically, you need to try and understand what your
overarching choices are, do your very own research into where to proceed with
your plan for Bankruptcy, and then approach what you feel is best in Darwin for
your requirements. Basically, you have 3 options for who to turn to.
The first option
is a Solicitor - This may seem the go-to option when you appear to be in
trouble. But there really is only just so much assistance they can give on this
matter. There are definitely specialist legal advisors in bankruptcy, but their
knowledge features a hefty price.
Another choice
you may consider is your accountant - they are incredibly helpful and vital to
the task of running your business, but for the most part, when you are thinking
of Bankruptcy, your accountant won't be much help to you at all.
Your best
choice? A Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and basically all you need to figure out when it comes
to Bankruptcy.
If you wish to
find out more about what to do, where to turn and what questions to ask about Bankruptcy,
then feel free to consult with Bankruptcy Experts Darwin on 1300 795 575, or
visit our website: www.bankruptcyexpertsDarwin.com.au.
