When people in
Adelaide ask me about Bankruptcy, I
tell them the time-honored 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 journeyed together only for the snake to ultimately attack the boy
despite his assurance not to do so. The snake's response was 'You knew what I
was when you picked me up.
Receiving the
right financial advice in Adelaide when it relates to Bankruptcy is a whole lot
like that little boy's journey, tangled up with risk and danger, and generally
skewed for the benefit of the person giving the advice. In most cases 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 key 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 fairly 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 nice suits and
plush offices, they all seemed to exude confidence and have all the solutions.
What struck me was that they all had a very different idea of what I should do.
This baffled me so much that it put me off the entire idea of opting for any of
them.
I'm sure
currently you have read enough on the internet to be totally mixed up about Bankruptcy
and just what to do. It would most likely be easier for me to help you
comprehend the nature of the financial snakes you could be grabbing while you
are trying to get to the bottom of your financial problems in Adelaide. In
essence, you need to try and comprehend what your overarching alternatives are,
do your very own research into where to proceed with your strategy for Bankruptcy,
and then approach just what you feel is best in Adelaide for your needs.
Basically, you have 3 options for who to turn to.
The first option
is a Solicitor - This may feel like the go-to possibility when you appear to be
in trouble. But certainly there is only just so much help they can give on this
matter. There are definitely specialist legal advisors in bankruptcy, but their
experience includes a hefty price.
Another choice
you may consider is your accountant - they are incredibly useful and vital to
the task of operating your business, but for the most part, when you are
thinking of Bankruptcy, your accountant won't be much help to you anymore.
Your best bet? A
Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and basically all you have to understand when it comes
to Bankruptcy.
If you would
like to learn more about what to do, where to turn and what questions to ask
about Bankruptcy, then feel free to consult with Fresh Start Solutions Adelaide
on 1300 818 575, or visit our website:
www.freshstartsolutions.com.au/bankruptcy-Adelaide
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