- Nov 22, 2016
Would I talk to my financial advisor about Bankruptcy?
The response seems to be clear doesn’t it: if anybody understands your financial situation well in Cairns, It’s going to be your financial advisor. However, the short answer is a definite No! It’s not that your financial advisor may not have your best interests in mind when it comes to Bankruptcy, it’s that his experience lies in serving to help you save you money at tax time, decreasing your tax liability and lodging your BAS.
A lot of accounting certifications will commit very little to no time at all on bankruptcy, it’s typically undertaken as a post graduate specialization course for those who aim to do work in the industry. Unless your accounting professional is a bankruptcy expert, he would certainly not know a great deal about the impacts of Bankruptcy. I can assure you bankruptcy specialists don’t know much about tax returns or BAS. If you do happen to find an insolvency accounting firm in Cairns, they have the inclination to be large companies with extremely nice business offices who bill accordingly.
Would I talk with my Solicitor about Bankruptcy?
No! You can speak with your solicitor in Cairns but more than likely it won’t do you very much good. Solicitors are definitely proficient at performing things lawyers do, like assisting you to do your Will and purchasing your house and attempting to help keep you out of court if you’re lucky. When it comes to Bankruptcy, the specialists in Cairns usually have either a legal or accounting certifications, and the main reason for that is just that you can not begin in the post graduate study to become a certified bankruptcy specialist except if you get a law or accounting degree.
Just as there are a small number of bankruptcy accountancy companies, certainly there are very few bankruptcy legal businesses in Australia, and yes if you find one you will certainly pay an adequate cost for their expertise.
Would I speak with a financial counsellor about Bankruptcy?
Yes! There are a lot of financial counselling solutions to assist you through this, they have no prejudices and they are a great choice for allowing you to analyze your situation when it comes to Bankruptcy. If you turn out stressing out constantly, not sleeping, not eating or over-eating and thinking of money strains constantly, then obtain some support.
There are also charitable organizations around Cairns like Lifeline that provide a fantastic service. They will certainly be a sounding board if you just require a person to evaluate with you what your choices are. Never let your financial difficulties ruin your life – at the end of the day, it’s just money.
If you really want to learn more regarding what to do, where to turn and what problems to ask about Bankruptcy, then don’t hesitate to get in touch with Bankruptcy Experts Cairns on 1300 795 575, or visit our website: www.bankruptcyexpertscairns.com.au.