When people in Albury ask me about Bankruptcy, I love telling them about the traditional Native American Fairy tale of the small boy and the Rattlesnake. An old rattlesnake requests a passing young boy to take him to the top of the mountain 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 lift. They journeyed together only for the snake to inevitably bite the boy regardless his promise not to bite him 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.
Securing the ideal financial help in Albury with Bankruptcy is a great deal similar to that small boy’s journey, chock full of risk and danger, and usually skewed for the advantage of the individual offering the advice. For the most part you’ll get bitten unless you understand what you have actually picked up long before you begin (avoid the rattlesnakes). I learned the complication with getting financial advice as a teenager, and it has definitely been key to Bankruptcy. I ‘d been working very 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 profitable. I spent a few years researching various investment options, and I went to visit a few financial advisors. It was obvious that they had a lot more money than I did: they had good suits and lush offices, they all seemed to emanate confidence and have all the answers. What hit me was that they all had a very different concept of exactly what I should do. This puzzled me so much that it put me off the whole idea of choosing any of them.
I’m sure that you have found out more than enough on the internet to be totally puzzled about Bankruptcy and precisely what to do. It would probably be much simpler for me to help you know 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 Albury. Generally, you need to try and determine what your overarching options are, do your very own investigation into where to move on with your strategy for Bankruptcy, and after that approach what you feel is best in Albury for your needs. Ultimately, you have 3 options for who to turn to.
The first option is a Solicitor– This may look like the go-to option when you appear to be in trouble. But certainly there is only so much support they can provide on this issue. There are definitely specialist legal experts in bankruptcy, but their experience comes along with a hefty price.
Another possibility you may consider is your accountant– they are very helpful and vital to the process 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 longer.
Your best choice? A Financial Counsellor that can detail debt consolidation, personal insolvency agreements, and essentially all you have to know when it concerns Bankruptcy.
If you want to learn more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Albury on 1300 795 575, or go to our website: www.bankruptcyexpertsalbury.com.au.