When people in
Melbourne ask me about Bankruptcy, I
let them know the classic 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
hesitant, but the rattlesnake vowed not to bite him in exchange for the ride.
They journeyed together only for the snake to ultimately bite the boy despite
his vow not to do so. The snake's answer was 'You knew what I was when you
picked me up.
Getting the
right financial advice in Melbourne when it comes to Bankruptcy is a whole lot
like that little boy's journey, fraught with risk and danger, and usually
skewed for the benefit of the person supplying the advice. In many 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 obtaining
financial advice as a teenager, and it has been central 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 quite
high and investing your money was quite profitable. I spent time researching
various 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 seemed to exude confidence and have all the answers.
What struck me was that they all had a truly different strategy of what I
should do. This baffled me so much that it put me off the entire idea of
picking any of them.
I'm sure by now
you have read more than enough on the internet to be totally lost about Bankruptcy
and what to do. It would undoubtedly be easier for me to help you understand
the nature of the financial snakes you might be grabbing while you are trying
to get to the bottom of your financial concerns in Melbourne. Essentially, you
need to try and comprehend what your overarching choices are, do your very own
research into where to proceed with your plan for Bankruptcy, and after that
approach just 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 seem the go-to approach when you seem to be in
trouble. But there is only so much support they can give on this matter. There
are absolutely specialist legal advisors in bankruptcy, but their expertise
comes with a hefty price.
Another choice
you may think about is your accountant - they are incredibly useful and vital
to the process of running your business, but for the most part, when you are
thinking about Bankruptcy, your accountant won't be much help to you anymore.
Your best
option? A Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and basically all you should understand 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 consult with Fresh Start Solutions
Melbourne on 1300 818 575, or visit our website:freshstartsolutions.com.au/bankruptcy-Melbourne
