Would I speak with my accountant about Bankruptcy?
The answer seems obvious doesn’t it: if anybody understands your financial circumstance well in Gosford, It’s going to be your accountant. Nonetheless, the short answer is a definite No! It’s not that your financial advisor may not have your best interests in mind whenever it comes to Bankruptcy, it’s that his knowledge lies in serving to help you save you money at tax time, reducing your tax liability and lodging your BAS.
A lot of accounting degrees will commit very little to no time at all on bankruptcy, it’s generally performed as a post graduate specialty course for those who plan to do work in the field. Unless your accountant is an insolvency expert, he would certainly not know a lot about the effects of Bankruptcy. I can assure you insolvency specialists don’t know much about tax returns or BAS. If you do happen to identify an insolvency bookkeeping firm in Gosford, they have the tendency to be big companies with extremely nice offices who bill accordingly.
Would I talk with my Solicitor about Bankruptcy?
No! You can speak to your solicitor in Gosford but more than likely it won’t do you much good. Solicitors are definitely good at accomplishing things lawyers do, like assisting you to do your Will and buying your home and attempting to help keep you out of court if you’re fortunate. When it comes to Bankruptcy, the professionals in Gosford usually have either a legal or accounting certifications, and the primary reason for that is basically that you can’t start in the post graduate study to become a certified insolvency specialist except if you have a law or accounting degree.
Just as there are a number of bankruptcy accounting organizations, certainly there are very few insolvency legal businesses in Australia, and yes if you find one you will pay an ample price tag for their expertise.
Would I talk to a financial counsellor about Bankruptcy?
Yes! There are a lot of financial counselling solutions to assist you with this, they have no hidden agendas and they are a great choice for allowing you to evaluate your case when it comes to Bankruptcy. If you end up stressing out constantly, not sleeping, not eating or over-eating and thinking about finance tensions constantly, then get some assistance.
There are also charities around Gosford like Lifeline that offer a great service. They will certainly be a sounding board if you just need a person to review with you what your options are. Don’t let your financial issues ruin your life – ultimately it’s just money.
If you truly wish to learn more regarding what to do, where to turn and what problems to ask about Bankruptcy, then feel free to get in touch with Bankruptcy Experts Gosford on 1300 795 575, or visit our website: www.bankruptcyexpertsgosford.com.au.