When people in
Darwin 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 view one last sunset before he passes away. The boy was reluctant, but
the rattlesnake promised not to bite him in exchange for the ride. They
travelled together only for the snake to ultimately attack the boy despite his
vow not to do so. The snake's response was 'You knew what I was when you picked
me up
.
Asking for the
right financial advice in Darwin when it concerns Bankruptcy is a lot like that
little boy's experience, laden with risk and danger, and normally skewed for
the benefit of the individual offering the advice. Often you'll get bitten
except if you know what you've picked up long before you move forward (avoid
the rattlesnakes). I discovered the problem with getting financial advice as a
teenager, and it has been key to Bankruptcy. I'd been keeping my nose to the
grindstone for a few years, and saved up a little bit of money I wanted to
invest. It was the early 1980s so interest rates were pretty high and investing
your money was really profitable. I spent a long time researching varied
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 great suits and
plush offices, they all seemed to exude confidence and have all the solutions.
What struck me was that they all had an extremely different idea of what I
should do. This confused me a lot that it put me off the entire idea of picking
any of them.
I'm sure
currently you have read enough on the internet to be totally bewildered about Bankruptcy
and what to do. It would undoubtedly be easier for me to help you understand
the nature of the financial snakes you could be picking up while you are
attempting to get to the bottom of your financial concerns in Darwin. In
essence, you need to try and understand what your overarching choices 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 Darwin for your needs.
Essentially, you have 3 options for whom to turn to.
The first option
is a Solicitor - This may appear like the go-to choice when you seem to be in
trouble. But there certainly is only just so much aid they can give on this
matter. There are absolutely specialist legal advisors in bankruptcy, but their
knowledge features a hefty price.
Another
alternative you may think about is your accountant - they are incredibly useful
and vital to the task of managing your business, but for the most part, when
you are considering Bankruptcy, your accountant won't be much help to you any
longer.
Your best
choice? A Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and virtually all you should know when it comes to Bankruptcy.
If you would
like to learn more about what to do, where to turn and what questions to ask
about Bankruptcy, then feel free to get in touch with Bankruptcy Advice Darwin
on 1300 879 867, or visit our website:bankruptcy-advice.com.au/Darwin.
