Personal Insolvency Brisbane, Advise from Industry Experts
Safeguard Insolvency prides themselves in providing professional services in tidying up loose ends before an individual goes into insolvency. We take care of our clients, and we will work them through the process until the very end.
For personal insolvency, the following areas are of most concern:
Arrange private trustee – someone that we have a woodworking relationship with
Family home – we establish equity and position after bankruptcy
Clarify binding financial agreements
Clarify family law position
Clarify debts including SPER debt and other debt not extinguished by bankruptcy
Motor Vehicles – there is an allowance and this can be reached in a number of ways
Clarify creditors and deports of family and friends
Clarify ownership of all assets held in household
Income contributions to the trustee
Freedom to travel
We are not a big fans of Part IX’s and X’s, however they do have their places. We always provide an alternative to bankruptcy if there is one. Often debts can be negotiated down and informal arrangements made to settle that debt.
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