When people in Adelaide ask me about Bankruptcy,
I tell them the classic 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 passes away. The boy was hesitant, but the
rattlesnake vowed not to bite him in exchange for the ride. They journeyed
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.'.
Acquiring the right financial advice in
Adelaide when it pertains to Bankruptcy is a whole lot like that little boy's
journey, filled with risk and danger, and usually skewed for the benefit of the
individual supplying the advice. In most cases you'll get bitten unless you
know what you've picked up long before you move forward (avoid the
rattlesnakes). I learned the problem with getting 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 fairly high and investing your money was
quite profitable. I spent a few years researching various investment options,
and I went to visit a few financial advisors. It was clear that they had more
money than I did: they had nice suits and plush offices, they all seemed to
exude confidence and have all the solutions. What struck me was that they all
had a really different idea of what I should do. This puzzled me so much that
it put me off the whole idea of choosing any of them.
I'm sure currently you have read more than
enough on the internet to be totally puzzled about Bankruptcy and exactly what
to do. It would probably be easier for me to help you comprehend the nature of
the financial snakes you might be grasping while you are attempting to get to
the bottom of your financial troubles in Adelaide. Essentially, you need to try
and figure out what your overarching alternatives are, do your very own
research into where to proceed with your strategy for Bankruptcy, and then
approach what you feel is best in Adelaide for your needs. Essentially, you
have 3 options for who to turn to.
The first option is a Solicitor - This may
appear like the go-to possibility when you appear to be in trouble. But
certainly there is only just so much help they can give on this matter. There
are definitely specialist legal advisors in bankruptcy, but their experience
comes with a hefty price.
Another possibility you may think about 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 longer.
Your best option? 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 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 Adelaide on 1300 795 575, or visit our
website: www.bankruptcyexpertsAdelaide.com.au.
