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What I like about bankruptcy

  • Liabilities are caught by the bankruptcy upon obtaining a bankruptcy number
  • It enables persons to earn and keep sufficient income for them to be able to provide for themselves and their family
  • Bankruptcy protects the essential needs of a person, enabling life to go on, ie household furniture and effects, motor vehicle to auction value of $7,500 etc
  • Monies can be saved during bankruptcy provided they are kept in a bank account (can not be held in shares, managed fund etc)
  • Bankruptcy is not advertised in the newspapers
  • Overseas travel for work or holiday is available, provided you first obtain the Trustee’s consent
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Alan Nicholls Bankruptcy Advice

Alan Nicholls specialises in assisting those in financial difficulty through the process of understanding & filing for bankruptcy. For more details see the contact information below: