difference between bankruptcy and formal debt agreement

Understanding insolvency (bankruptcy and Part IX debt agreements)

Personal insolvency has been rising in recent ... amounts of unsecured debt. Personal loans, credit cards and mobile phone bills ... a Personal Insolvency Index. In fact, the consequences of a formal debt agreement are ... ourselves in helping people avoid bankruptcy and formal debt agreements, but we also acknowledge that ...

read more

Debt agreement ads: investigation exposes fox in sheep's clothes

... Australia's most high profile debt agreement administrators and found that many ... the consequences of bankruptcy and debt agreements.†... about the consequences of bankruptcy and debt agreements.” Part IX Debt Agreements have been rising ... debt agreement don't fully understand the implications. Formal debt agreements are more flexible than bankruptcy ...

read more

How to get a default removed from your credit file

... credit repair possible? And can default listings and payment history be altered ... ... consumer credit payments; Any personal insolvencies, which includes bankruptcy and formal debt agreements, and; Defaults. A default ... agency that settles disputes between consumers and financial service providers. They'll ...

read more

Life after bankruptcy—an interview with Girl Bankrupted

“My first full day of bankruptcy was surreal. I didn't feel ... the world outside were groaning and clunking to turn the ship ... forest and ... recover. In Girl Bankrupted's case, bankruptcy was her last and only viable option. ... more assets than I had debt—until now! MoneyTalks: Now that ...

read more

Home Loans

... debt into secured debt. Talk to MyBudget Loans and discuss the benefits and disadvantages of debt consolidation ... you or even been through bankruptcy before. That's in the past ...

read more

Home Loans

... debt into secured debt. Talk to MyBudget Loans and discuss the benefits and disadvantages of debt consolidation ... you or even been through bankruptcy before. That's in the past ...

read more

Struggling with credit card debt? Some of your options.

... you thinking about a debt consolidation loan or a credit card balance ... come with pros and cons. Let's examine them and see what's right ... and old card. (It happens to even the most well-intentioned people.) Debt consolidation loan ... require a debt consolidation loan to be secured by real estate. Unsecured debt consolidation loans tend ...

read more

RBA interest rate cut: what does it mean for you?

... does that mean for you and what will interest rates look ... He's an accredited finance broker and … Continue reading “RBA interest rate .. ... lot, but it's a huge difference when you look at the ... clients home loan refinancing, mortgages, and car loans with flexible terms and competitive rates. ...

read more

Manage good debt, minimise bad debt

Good vs. bad debt Living a life which is completely and forever debt-free ... , clothes … Continue reading “Manage good debt, minimise bad ... understand the difference between good debt and bad debt. Good debt is usually associated with loans for ... course, some debts which blur the line between good and bad debt. New cars ...

read more

What can you do if your mortgage gets behind?

... , Fitch, recently reported that home loan defaults jumped up by 12.5 ... pay for, summer holidays and extra socialising and entertaining to ... pay for, summer holidays and extra socialising and entertaining to take into ... options like debt consolidation, but do so very carefully. A debt consolidation loan might free ...

read more

Lessons from Greece

Unmanageable debt can creep up on anyone. ... It can happen to businesses and companies. It can even happen ... the financial situation in Greece and it highlighted that the basic ... an individual seeking a bad debt consolidation loan—the loan may provide some immediate ...

read more

Making sense of the banks’ mumbo jumbo

Want to get a home loan? Confused by all the different mortgage products? Here’s a handy translation guide for making sense of the banks’ mumbo jumbo. ... to offer MyBudget clients home loan refinancing, debt consolidation and loans for mortgage or business ... with flexible terms and competitive rates. Scott ...

read more

Making sense of mortgage jargon (part 1)

... mortgage jargon used by banks and lenders. Fortunately, Scott Matthews from ... is here to demystify home loan terminology and explain what ... to offer MyBudget clients home loan refinancing, debt consolidation and loans for mortgage or business ... with flexible terms and competitive rates. Scott ...

read more

Caught in a cash crisis? The problem with payday loans.

... from people experiencing a debt hangover from Christmas and New Year. Many ... crisis? The problem with payday loans.” ... from people experiencing a debt hangover from Christmas and New Year. Many ... period of the loan. Fees and charges do differ between lenders as do ...

read more

A new (free!) magazine for entrepreneurial women

... for women interested in business and entrepreneurship. This is a topic ... ... This separates your personal and business finances and establishes your company as ... the difference between borrowing from a reputable bank or a bottom-feeding loan shark. ...

read more

Treading carefully: moving in together

“Living together”, “cohabitating, ““shacking up”—call it what you will, an ever-expanding number of unmarried couples are residing under the same roof. ... when there's a significant difference in income between partners. Will both of ... situation arises. Bills, debts and assets Even though you and your partner may ...

read more

Suzanne Isbester: 10 years with the MyBudget family

... my memories of meeting Suzanne and I've asked her to reflect ... ... remember interviewing Suzanne in 2005 and being impressed by her professional ... debt negotiator and today she is a personal insolvency specialist. “I love helping people and ...

read more

The best of times, the worst of times

In all my years of experience helping people get on top of their finances, I've come to understand that no two situations are ever exactly the same, which is why there ... credit, a personal loan, a study loan and a Centrelink debt. All of Alysa's ... the way, I noticed no difference in quality or taste. Why ...

read more

Riding the MyBudget bus to retirement

... of our valued clients, Bob and Judy, have given us permission ... wonderful story with you. Bob and Judy joined MyBudget in 2007 ... their heads ... , one of MyBudget's team leaders and debt agreement experts, stepped in. Suzanne liaised ... on all of their cards and loans without affecting their credit rating. ...

read more

Want to find out more about MyBudget?

Get in touch and book your free consultation today!

Find out more about MyBudget. Speak to us today. 

We can answer your questions and show you how easy it is to get started. 

Get started!
Call us now
1300 300 922

Want us to contact you?
We'll call when it suits you. 

Call Me