Financial factors are stopping more than half of Australians from achieving their life goals, according to research by Debt Rescue part of Lanyana Financial Group. As many as 53.2% of those surveyed responded with income and debt as being the main factor inhibiting their aspirations in life.
Topics: Research, Personal Debt
For a lot of people, debt agreements are a great way to avoid bankruptcy. However, this is not always the case. TV and radio is always pushing debt agreements as the perfect solution to debt problems. But in a lot of cases, a debt agreement won’t provide the financial fix they all promise.
Topics: Personal Insolvency, Debt Agreements, Personal Debt
Whether you’re an employee owed wages by a company in liquidation, or a supplier seeking payment from an outstanding debtor on the brink of external administration, if a company owes you money you’re a creditor of that company.
Topics: Company Liquidation, Business Debt, reduce business debt, Liquidation
Let us clear up why business liquidation is the right decision. If you're wondering if you should even bother liquidating your company, here are some very good reasons to do it.
Topics: Company Liquidation, Business Debt, Liquidation
A company begins the Voluntary Liquidation process when its owners and shareholders agree it is insolvent and that there is little chance of a restructure making it solvent again.
Topics: Company Liquidation, Business Debt, Liquidation