Bankruptcy is a way to legally declare that you cannot repay your debts and thousands of people choose this option every year.
Bankruptcy releases you from your eligible debts, stops creditors from harassing you and stops all debt collection activity on your eligible debts. Most debts can be cleared by bankruptcy, e.g. credit cards, personal loans, tax bills, however, items like child support, HECS/HELP and fines cannot be included.
It is important to understand the implications of filing for Bankruptcy.
Declaring Bankruptcy is a legal process that can be quite complex, however, we can take the stress out of the entire process. If you would like to talk to one of our professional Bankruptcy consultants, call 1300 871 096 to find out if this option is right for you.