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Coping with bankruptcy: Busting the big myths – Newcastle Herald

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Money worries: Nearly one in three Australians are feeling financially stressed, so if you are drowning in debt, the first step is to work out if bankruptcy is right for you.

Money worries: Nearly one in three Australians are feeling financially stressed, so if you are drowning in debt, the first step is to work out if bankruptcy is right for you.

If you are facing severe money-troubles, in no way are you alone.

In fact, according to The Australian Financial Security Authority, there were 2,403 debtors who entered a new personal insolvency in NSW in the June quarter 2018. 

Debt is about so much more than money. 

Financial distress can lead to a number of emotional and psychological issues; including depression and  even suicide.

One of the reasons people stall seeking financial help is the fear of the unknown, but according to Charles Bosse from the Bankruptcy Experts declaring bankruptcy is no…

Read the full article at: https://www.theherald.com.au/community/business-feature/5600440/busting-the-big-myths/

Category: BankruptcyBy Insolvency GuardianAugust 25, 2018

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Coping with bankruptcy: Busting the big myths – Newcastle Herald

Advertising Feature

Money worries: Nearly one in three Australians are feeling financially stressed, so if you are drowning in debt, the first step is to work out if bankruptcy is right for you.

Money worries: Nearly one in three Australians are feeling financially stressed, so if you are drowning in debt, the first step is to work out if bankruptcy is right for you.

If you are facing severe money-troubles, in no way are you alone.

In fact, according to The Australian Financial Security Authority, there were 2,403 debtors who entered a new personal insolvency in NSW in the June quarter 2018. 

Debt is about so much more than money. 

Financial distress can lead to a number of emotional and psychological issues; including depression and  even suicide.

One of the reasons people stall seeking financial help is the fear of the unknown, but according to Charles Bosse from the Bankruptcy Experts declaring bankruptcy is no…

Read the full article at: http://www.theherald.com.au/story/5600440/busting-the-big-myths/

Category: BankruptcyBy Insolvency GuardianAugust 23, 2018

Post navigation

PreviousPrevious post:Daughter takes Mum, Dad to Supreme Court – NewsroomNextNext post:Actor ‘penetrated rapper’s skull’ with samurai sword, court hears – NEWS.com.au

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REVEALED: Liquidator appointments for businesses in the Port Macquarie-Hastings council area for October 2 – The Daily Telegraph
October 2, 2026
Liquidators called in for Lancashire pub which owed £71,000
October 2, 2026
Operator bankruptcies strand 6,600 apartment EV chargers in South Korea
October 2, 2026
Vivonio completes sale to Büromöbel – Big Furniture Group
October 2, 2026
REVEALED: Liquidator appointments for businesses in the Clarence Valley council area for October 1 – The Daily Telegraph
October 2, 2026
Is AI adding another layer to business distress? GT Advisory points to an emerging risk for already stretched businesses – Medianet News Hub
October 2, 2026
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