Bankruptcy in Lismore and how to avoid getting bitten.

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Bankruptcy in Lismore and how to avoid getting bitten.

When people in Lismore ask me about Bankruptcy, I love telling them about the traditional Native American Tale of the small boy and the Rattlesnake. An old rattlesnake requests a passing young boy to bring him to the top of the mountain to see one last sunset before he passes away. The boy was cautious, but the rattlesnake swore not to bite him in exchange for the journey. They travelled together only for the snake to eventually 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.’ – 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.

Securing the best financial help in Lismore with Bankruptcy is a whole lot like that small boy’s journey, packed with risk and danger, and usually manipulated for the advantage of the individual providing the advice. Most of the time you’ll get bitten unless you know what you have really picked up long before you proceed (stay away from the rattlesnakes). I discovered the issue with getting financial advice as a teenager, and it has actually been essential to Bankruptcy. I ‘d been working really hard for a number of years, and saved up a small amount of money I wanted to invest. It was the early 1980s so interest rates were actually fairly high and investing your money was quite financially rewarding. I spent a few years investigating various investment options, and I went to check out a few financial advisors. It was obvious that they had much more money than I did: they had nice suits and luxurious offices, they all seemed to exhibit confidence and have all the solutions. What hit me was that they all had a really different concept of what I should do. This puzzled me so much that it put me off the entire idea of choosing any of them.

I’m sure that you have read more than enough on the internet to be totally puzzled about Bankruptcy and just exactly what to do. It would most likely be much easier for me to help you take in the nature of the financial snakes you might be taking hold of while you are attempting to get to the bottom of your financial troubles in Lismore. Generally, you have to try and figure out what your overarching alternatives are, do your very own investigation into where to press on with your plan for Bankruptcy, and after that approach what you feel is best in Lismore for your needs. In a nutshell, you have 3 options for who to look to.

The first option is a Solicitor– This may look like the best possibility when you seem to be in trouble. But certainly there is only just so much help they can provide on this matter. There are absolutely specialist legal advisors in bankruptcy, but their experience comes with a hefty price.

Another option you may consider 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 help to you any more.

Your best choice? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and pretty much all you have to know when it comes to Bankruptcy.

If you want to figure out more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Lismore on 1300 795 575, or visit our website:

By | 2020-08-14T04:15:28+00:00 October 7th, 2016|article, bankruptcy, blog|0 Comments

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