When people in Rockhampton talk to me about Bankruptcy, I tell them the classic Native American Tale of the small boy and the Rattlesnake. An old rattlesnake demands a passing young boy to take him to the mountain peak to see one last sunset before he dies. The boy was skeptical, but the rattlesnake vowed not to bite him in exchange for the trip. They travelled side by side only for the snake to ultimately bite the boy regardless his promise not to do 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.
Finding the right financial help in Rockhampton with Bankruptcy is a whole lot like that little boy’s journey, filled with risk and peril, and usually skewed for the advantage of the individual offering the advice. In many cases you’ll get bitten unless you understand what you have really picked up long before you begin (steer clear of the rattlesnakes). I discovered the issue with getting financial advice as a teenager, and it has certainly been crucial to Bankruptcy. I ‘d been working really hard for a number of years, and saved up a small sum of money I really wanted to invest. It was the early 1980s so interest rates were generally fairly high and investing your money was quite profitable. I spent a few years analyzing various investment options, and I went to see a few financial advisors. It was obvious that these guys had a lot more money than I did: they had good suits and posh offices, they all seemed to give off confidence and have all the answers. What hit me was that they all had a very different strategy of exactly what I should do. This puzzled me so much that it put me off the whole idea of deciding on any of them.
I’m sure that you have learnt more than enough on the internet to be totally puzzled about Bankruptcy and exactly what to do. It would probably be much easier for me to help you know the nature of the financial snakes you could be grasping while you are trying to get to the bottom of your financial problems in Rockhampton. Generally, you have to try and figure out what your overarching options are, do your very own investigation into where to push on with your plan for Bankruptcy, then approach what you feel is best in Rockhampton for your needs. Ultimately, you have 3 choices for who to look to.
The first option is a Solicitor– This may look like the go-to possibility when you seem to be in trouble. But certainly there is only so much help they can provide on this issue. There are certainly specialist legal experts in bankruptcy, but their experience comes along with a hefty price.
Another possibility you may think of is your accountant– they are incredibly 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 option? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and essentially all you have to know when it comes to Bankruptcy.
If you wish to figure out more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to speak with Bankruptcy Experts Rockhampton on 1300 795 575, or go to our website: www.bankruptcyexpertsrockhampton.com.au.