When people in
Sunshine Coast ask me about Bankruptcy,
I let them know the simple 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 pledged not to bite him in exchange for the ride.
They travelled together only for the snake to in the end bite the boy despite
his promise not to do so. The snake's response was 'You knew what I was when
you picked me up.
Asking for the
right financial advice in Sunshine Coast when it pertains to Bankruptcy is a
whole lot like that little boy's journey, laden with risk and danger, and
generally skewed for the benefit of the individual supplying the advice. Often
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 receiving
financial advice as a teenager, and it has been central to Bankruptcy. I'd been
working hard for a few years, and saved up a small amount of money I wanted to
invest. It was the early 1980s so interest rates were pretty high and investing
your money was quite profitable. I spent some time researching several
investment options, and I went to visit a few financial advisors. It was
obvious that they had more money than I did: they had nice suits and plush
offices, they all appeared to exude confidence and have all the answers. What
struck me was that they all had an extremely different idea of what I should
do. This confused me so much that it put me off the whole idea of picking any
of them.
I'm sure by now
you have read enough on the internet to be totally baffled about Bankruptcy and
exactly what to do. It would most likely be easier for me to help you
understand the nature of the financial snakes you may be grabbing while you are
attempting to get to the bottom of your financial concerns in Sunshine Coast.
Essentially, you need to try and recognize what your overarching choices 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 Sunshine Coast for your
requirements. 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 just so much support they can give on this matter.
There are definitely specialist legal advisors in bankruptcy, but their
knowledge includes a hefty price.
Another option
you may consider is your accountant - they are incredibly helpful 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 at all.
Your best bet? A
Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and pretty much all you need 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 contact Bankruptcy Advice Sunshine Coast on
1300 879 867, or visit our website:bankruptcy-advice.com.au/Sunshine Coast
.
