1-year Bankruptcy Bill introduced by Federal Parliament
15 Jan, 2018
The federal government introduced The Bankruptcy Amendment (Enterprise Incentives) Bill 2017 late last year. This is why, at Debt Free Australia (DFA), we want to make sure you know how these changes will affect you. These new laws aim to decrease stigma around bankruptcy and give bankrupts a ‘fresh start’. The negative effects caused by the harsh bankruptcy laws that…
Why is bankruptcy the best option?
11 Jan, 2018
In recent news, AFSA (Australian Financial Security Authority) have released statistics showing that Australians have recorded the highest rate of bankruptcy since June 2016. There has been a sudden increase in the number of Australians declaring bankruptcy, which may appear to be a bad thing, however, with recent developments it is possible that some Australians see it as the best…
How can bankruptcy help me?
11 Jan, 2018
Bankruptcy is often labeled as a long and tedious process that can leave you with various negative implications for the future. A new bankruptcy bill was introduced into Federal Parliament on the 19th of October 2017, which proposes a few fundamental changes to the bankruptcy regime. One of the key changes proposed in the new bankruptcy bill is that the…
What Are My Personal Debt Solutions?
23 Aug, 2017
What Are My Personal Debt Solutions? If you find that your debts are piling up and you are starting to lose sleep over your financial affairs, then it is time to start exploring personal debt solutions. There is a range of debt options that you may consider, and DFA offers every single one of them. So what are my personal…
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