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 view one last sunset before he passes away. The boy was
hesitant, but the rattlesnake promised not to bite him in exchange for the
ride. They went together only for the snake to in the end attack the boy
despite his promise not to do so. The snake's response was 'You knew what I was
when you picked me up.
Getting the right financial advice in
Darwin when it relates to Bankruptcy is a whole lot like that little boy's
journey, filled with risk and danger, and normally skewed for the benefit of
the individual providing the advice. Often you'll get bitten unless you know
what you've picked up long before you move forward (avoid the rattlesnakes). I
discovered the problem with getting financial advice as a teenager, and it has
been necessary to Bankruptcy. I'd been working hard 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 pretty high and investing your money was rather profitable. I spent
time researching many different 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 solutions. What hit me was that they all had a very different
strategy of what I should do. This frustrated me a lot that it put me off the
entire idea of picking any of them.
I'm sure currently you have read more than
enough on the internet to be totally lost about Bankruptcy and just what to do.
It would probably be easier for me to help you comprehend the nature of the
financial snakes you may be grabbing while you are trying to get to the bottom
of your financial concerns in Darwin. In essence, you need to try and figure
out what your overarching alternatives are, do your very own research into
where to proceed with your plan for Bankruptcy, and after that approach what
you feel is best in Darwin for your requirements. Essentially, you have 3
options for who to turn to.
The first option is a Solicitor - This may
seem like the go-to possibility when you seem to be in trouble. But there
really is only so much assistance they can give on this matter. There are
absolutely specialist legal advisors in bankruptcy, but their expertise comes
with a hefty price.
Another possibility you may think of is
your accountant - they are incredibly useful 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 any more.
Your best choice? A Financial Counsellor
that can talk about debt consolidation, personal insolvency agreements, and
basically all you have to know 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
contact Fresh Start Solutions Darwin on 1300 818 575, or visit our website:
www.freshstartsolutions.com.au/bankruptcy-Darwin
