Should I speak to my accountant about Bankruptcy?
The answer seems obvious doesn't it: if
anybody knows your financial situation well in Gold Coast, It's going to be
your accountant. However, the short answer is a definite No! It's not that your
accountant won't have your best interests at heart when it comes to Bankruptcy,
it's that his experience lie in helping you save you money at tax time,
reducing your tax liability and lodging your BAS.
Most accounting degrees will spend hardly
any to no time on insolvency, it's generally done as a post graduate speciality
program for those who wish to work in the field. Unless your accountant is an
insolvency specialist, he wouldn't know that a lot about the implications of Bankruptcy,
I can guarantee you insolvency specialists know much about tax returns or BAS
in. If you do manage to find an insolvency accounting firm in Gold Coast, they
have the tendency to be large firms with very nice offices who charge
accordingly.
Should I talk to my Solicitor about Bankruptcy?
No! You can speak with your solicitor in
Gold Coast but more than likely it won't do you much good. Solicitors are
certainly good at doing things lawyers do, like assisting you do your Will and
buying your house and trying to keep you out of court if you're lucky. When it
relates to Bankruptcy, the specialists in Gold Coast usually have either a
legal or accounting background, and the reason for that is simply that you
can't enrol in the post graduate study to become a qualified insolvency
practitioner until you have a law or accounting degree.
Just like there are a handful of insolvency
accounting firms, there are very few insolvency legal practices in Australia,
and yes if you find one you will pay a substantial price for their expertise.
Should I talk to a financial counsellor
about Bankruptcy?
Yes! There are plenty of financial
counselling services to guide you with this, they have no hidden agendas and
they're a great option for letting you think through your situation when it
comes to Bankruptcy. If you are freaking out constantly, not sleeping, not eating
or over-eating and thinking about money pressures at all times, then get some
help.
There are also charitable organizations
around Gold Coast like Lifeline that offer a terrific service. They will be a
sounding board if you just need a person to go over with you what your options
are. Don't let your financial trouble destroy your life - in the end it's just
money.
If you need to learn more about what to do,
where to turn and what problems to ask about Bankruptcy, then feel free to
speak to Bankruptcy Experts Gold Coast on 1300 795 575, or visit our website:
www.bankruptcyexpertsGoldcoast.com.au.
