When people in
Perth 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 dies. The boy was reluctant, but the
rattlesnake promised not to bite him in exchange for the ride. They journeyed
together only for the snake to eventually attack the boy despite his vow not to
do so. The snake's reply was 'You knew what I was when you picked me up.
Receiving the
right financial advice in Perth when it comes to Bankruptcy is a lot like that
little boy's encounter, tangled up with risk and danger, and usually skewed for
the benefit of the person providing the advice. In many cases you'll get bitten
except if 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 quite high and investing your money was
rather profitable. I spent a long time researching diverse investment options,
and I went to visit a few financial advisors. It was obvious 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 hit me was that they all had
a really different strategy of what I should do. This confused me a lot that it
put me off the whole idea of going with any of them.
I'm sure by now
you have read enough on the internet to be totally puzzled about Bankruptcy and
just 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 concerns in Perth. In essence, you need
to try and comprehend what your overarching choices are, do your own research
into where to proceed with your plan for Bankruptcy, and after that approach
what you feel is best in Perth for your needs. Basically, you have 3 options
for who to turn to.
The first option
is a Solicitor - This may seem the go-to choice when you appear to be in
trouble. But there really is only just so much assistance they can give on this
matter. There are definitely specialist legal advisors in bankruptcy, but their
knowledge comes with a hefty price.
Another
possibility you may think of is your accountant - they are incredibly useful
and vital to the process of operating 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 bet? A
Financial Counsellor that can talk about debt consolidation, personal
insolvency agreements, and pretty much all you need to know when it comes to Bankruptcy.
If you want 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 Perth on 1300 879 867, or
visit our website:bankruptcy-advice.com.au/Perth .
