Free Bankruptcy Assistance
Fast, Confidential and no Obligation
Free Bankruptcy Assistance
Fast, Confidential and no Obligation

How Our People Can Support You

Bankruptcy Joondalup can serve to help you with anything which you would like to understand about going bankrupt. Everyone’s circumstances are unique and need a proficient remedy. We have put the six highest commonly asked questions on this page so you can gain a fast and effortless response. Should you need to get more details advance through our site or simply call us on 1300 818 575.

My Home

The idea of losing the family home or apartment is certainly the number one reason that people procrastinate declaring bankruptcy and push the thought to the back of their minds. The question that almost everyone has to understand when taking into consideration going bankrupt is if they could retain their family home or apartment? The answer is YES in most cases.

Bankruptcy Joondalup,Bankrupt Joondalup,Insolvency Joondalup

So as to make it uncomplicated its really concerning the equity you have in the property, or rather what amount your home is worth beyond the home mortgage amount. Should your house has hardly any to no equity within it, at that point it is likely you may keep your house so long as you always keep paying the mortgage loan, rates etc.

Typically there is far more to this story and you will have various other thoughts, so feel free to consult with us on 1300 818 575, to receive the exact help you really need about your property.

My Car

The second frequently asked question is if you can keep your motor vehicle if you are bankrupt? The answer to this in some cases is YES! Simply put if your vehicle is presently on finance and you are able to continuously maintain the repayments its likely you will certainly manage to keep your automobile.

If you own your car straight-out and have no loan then you can easily possess a vehicle up to the wholesale worth of $7,500.

If either of these two scenarios don’t relate to your car then give us a ring on 1300 818 575.

My Business

Will I lose my business organisation if I declare bankruptcy? The reply in many cases is NO! You can maintain your business organization and apply for insolvency. This is possibly the most complex component of any type of bankruptcy. The bottom line is the government does not want you to be without a job and bankrupt so as a result you can carry on as a self employed individual as a sole trader once you are insolvent. You can not be the director of a company for the 3 years you are bankrupt. If you have your very own small business and have to apply for personal bankruptcy then give us a ring on 1300 818 575.

My Income

Bankruptcy unlike Debt Agreements, Personal Insolvency Agreements or Consolidation Loans a lot of the time you do not have to repay the debt except if you earn over certain amounts of income. For instance if you earn under $1,050.00 weekly in the hand or after tax (net) for the 3 years you are insolvent then you would never pay a cent to the financial obligation. If you pay child support or have dependent children then you can make more. There is a table on the bankruptcy page of this site with greater information if you wish to know more.

My Credit File

Is my credit rating damaged for life? Answer is NO! Your credit rating is basically destroyed for the 3 years you are bankrupt. Then after the 3 years you will be considered a discharged bankrupt on your credit file, this indicates there are a number of lenders that will help you get a mortgage or a car loan etc. To obtain a perfect credit rating again it will take 5 years, or 2 more years after the 3 year bankruptcy period.

How Much will it Cost

Obviously this is not an easy question to answer, as each case we undertake is different. Having said that, sometimes we will help you declare bankruptcy at no charge. That’s right. If we can help you do this for FREE then we will certainly assist you. In many cases that are uncomplicated it will cost $395. There are many more complicated cases where the price is more. If you need to get an idea on what your scenario will cost just give us a ring on 1300 818 575.

Call:1300 818 575

Bankruptcy Joondalup,Bankrupt Joondalup,Insolvency Joondalup We’ll call you: No obligation, first consultation free. Simply fill out the following form for a call back:





Get your FREE copy of the Big 5

Bankruptcy Joondalup,Bankrupt Joondalup,Insolvency Joondalup










Our Clients

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce scelerisque nibh et neque faucibus suscipit. Sed auctor ipsum ut tellus faucibus tincidunt.

Copyright © 2016 Bankruptcy Joondalup.