When people in
Toowoomba ask me about Bankruptcy, I
let them know the timeless 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 see one last sunset before he dies. The boy was hesitant, but
the rattlesnake promised not to bite him in exchange for the ride. They went
together only for the snake to ultimately 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 Toowoomba when it relates to Bankruptcy is a whole
lot like that little boy's encounter, laden with risk and danger, and usually
skewed for the benefit of the person supplying the advice. In many cases you'll
get bitten unless you know what you've picked up before you move forward (avoid
the rattlesnakes). I learned the problem with obtaining financial advice as a
teenager, and it has been key 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 very high and investing your money was quite
profitable. I spent some time researching a variety of 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 good suits and plush offices; they all appeared
to exude confidence and have all the answers. What hit me was that they all had
a truly different idea of what I should do. This puzzled me so much that it put
me off the entire idea of selecting any of them.
I'm sure
currently you have read more than enough on the internet to be totally lost
about Bankruptcy and exactly what to do. It would probably be easier for me to
help you understand the nature of the financial snakes you could be picking up
while you are trying to get to the bottom of your financial problems in
Toowoomba. Essentially, you need to try and comprehend what your overarching
alternatives are, do your very own research into where to proceed with your
plan for Bankruptcy, and after that approach what you feel is best in Toowoomba
for your needs. Essentially, you have 3 options for whom to turn to.
The first option
is a Solicitor - This may feel like the go-to approach when you appear to be in
trouble. But there is only just so much aid they can give on this matter. There
are definitely specialist legal advisors in bankruptcy, but their experience
features a hefty price.
Another choice
you may consider is your accountant - they are incredibly useful and vital to
the task of managing your business, but for the most part, when you are
thinking of Bankruptcy, your accountant won't be much help to you anymore.
Your best
choice? 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 find out more about what to do, where to turn and what questions to ask
about Bankruptcy, then feel free to consult with Bankruptcy Experts Toowoomba
on 1300 795 575, or visit our website:bankruptcyexpertsToowoomba.com.au.
