When people in Perth ask me about Bankruptcy, I tell them the traditional Native American Myth of the little boy and the Rattlesnake. An old rattlesnake demands a passing young boy to take him to the mountain top to see one last sunset before he dies. The boy was skeptical, but the rattlesnake gave his word that he would not to bite him in exchange for the ride. They journeyed with each other only for the snake to inevitably bite the boy regardless his promise not to do so. The snake’s reaction was ‘You knew what I was when you picked me up.’ – Now it is a tale that is also known as the Scorpion and the Toad, and by many other names, but the message is the same – know what you are getting before you pick it up.
Finding the correct financial help in Perth with Bankruptcy is a whole lot like that small boy’s journey, packed with risk and peril, and usually skewed for the advantage of the individual giving the advice. For the most part you’ll get bitten unless you understand what you’ve picked up long before you begin (keep away from the rattlesnakes). I discovered the issue with getting financial advice as a young adult, and it has definitely been crucial to Bankruptcy. I ‘d been working hard for a number of years, and saved up a modest amount of money I wanted to invest. It was the early 1980s so interest rates were simply fairly high and investing your money was quite financially successful. I spent a few years looking into various investment options, and I went to check out a few financial advisors. It was clear that these guys had much more money than I did: they had nice suits and posh offices, they all seemed to exude confidence and have all the solutions. What hit me was that they all had a really different concept of exactly what I should do. This puzzled me so much that it put me off the entire idea of choosing any of them.
I’m sure that you have found out more than enough online to be totally puzzled about Bankruptcy and exactly what to do. It would most likely be easier for me to help you appreciate the nature of the financial snakes you may be taking hold of while you are aiming to get to the bottom of your financial problems in Perth. Generally, you need to try and find out what your overarching options are, do your own research into where to move on with your strategy for Bankruptcy, then approach what you feel is best in Perth for your needs. Ultimately, you have 3 choices for who to choose.
The first option is a Solicitor– This may appear like the go-to choice when you appear to be in trouble. But undoubtedly there is only so much help they can offer on this issue. There are definitely specialist legal experts in bankruptcy, but their experience comes with a hefty price.
Another option you may consider is your accountant– they are incredibly helpful and vital to the program of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be much support to you any more.
Your best choice? A Financial Counsellor that can detail debt consolidation, personal insolvency agreements, and more or less all you have to know when it comes to Bankruptcy.
If you would like to figure out more about what to do, where to turn and what issues to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Perth on 1300 795 575, or check out our website: www.bankruptcyexpertsperth.com.au.