When people Townsville ask me about Bankruptcy,
I let them know the classic 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 discover one last sunset before he dies. The boy was reluctant,
but the rattlesnake promised not to bite him in exchange for the ride. They
journeyed together only for the snake to eventually bite the boy despite his
assurance not to do so. The snake's answer was 'You knew what I was when you
picked me up.'.
Asking for the right financial advice in
Townsville when it comes to Bankruptcy is a great deal like that little boy's
journey, laden with risk and danger, and typically skewed for the benefit of
the individual supplying the advice. In many cases you'll get bitten unless you
know what you've picked up long before you move forward (avoid the
rattlesnakes). I learned the problem with getting financial advice as a
teenager, and it has been essential 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 very high and investing
your money was quite profitable. I spent some time researching varied
investment options, and I went to visit a few financial advisors. It was
crystal clear 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 solutions.
What hit me was that they all had a truly different strategy of what I should
do. This confused me a lot that it put me off the entire idea of opting for any
of them.
I'm sure currently you have read more than
enough on the internet to be totally bewildered 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 may be grabbing while you are attempting to get to
the bottom of your financial concerns in Townsville. In essence, you need to
try and understand what your overarching choices are, do your own research into
where to proceed with your strategy for Bankruptcy, and then approach just what
you feel is best in Townsville for your requirements. Basically, you have 3
options for who to turn to.
The first option is a Solicitor - This may
seem like the go-to approach when you appear to be in trouble. But there really
is only just so much assistance they can give on this matter. There are
definitely specialist legal advisors in bankruptcy, but their knowledge
includes a hefty price.
Another choice you may think of is your
accountant - they are incredibly useful and vital to the process of operating
your business, but for the most part, when you are thinking of Bankruptcy, your
accountant won't be much help to you any more.
Your best bet? A Financial Counsellor that
can talk about debt consolidation, personal insolvency agreements, and pretty
much all you need to know when it comes to Bankruptcy.
If you wish to learn more about what to do,
where to turn and what questions to ask about Bankruptcy, then feel free to get
in touch with Bankruptcy Experts Townsville on 1300 795 575, or visit our
website: www.bankruptcyexpertsTownsville.com.au.
