This was published 10 years ago
Thousands of Australians go bankrupt every year, and it’s a life-changing experience for many, writes Christine Long.
Christine Long
Brisbane woman Julie Rainbow is one of the thousands of Australians who go bankrupt every year.
More than a decade ago she and her then husband and their two children had what she describes as a “comfortable” financial situation.
“We had a really nice, lovely, big house; we both drove BMWs; we’d just had an amazing overseas holiday for six weeks,” she says. “We certainly never had the wolves at the…