When people in Hervey Bay talk to me about Bankruptcy, I tell them the traditional Native American Parable of the little boy and the Rattlesnake. An old rattlesnake requests a passing young boy to bring him to the mountain top to see one last sunset before he passes away. The boy was unsure, but the rattlesnake vowed not to bite him in exchange for the trip. They journeyed with each other only for the snake to ultimately bite the boy regardless his promise not to bite him so. The snake’s reply was ‘You knew what I was when you picked me up.’ – Now it is a tale that is also known as the Scorpion and the Toad, and by many other names, but the message is the same – know what you are getting before you pick it up.


Securing the right financial advice in Hervey Bay with Bankruptcy is a lot like that little boy’s journey, full of risk and danger, and usually manipulated for the benefit of the person giving the advice. In many cases you’ll get bitten unless you understand what you have actually picked up long before you move forward (stay away from the rattlesnakes). I learned the complication with getting financial advice as a teenager, and it has actually been crucial to Bankruptcy. I ‘d been working very hard for a couple of years, and saved up a small sum of money I chose to invest. It was the early 1980s so interest rates were simply fairly high and investing your money was quite rewarding. I spent a few years exploring various investment options, and I went to visit a few financial advisors. It was obvious that these guys had a lot more money than I did: they had good suits and lush offices, they all seemed to exude confidence and have all the solutions. What struck me was that they all had a really different idea of what I should do. This puzzled me so much that it put me off the entire idea of choosing any of them.

I’m sure that you have learnt more than enough online to be totally puzzled about Bankruptcy and just exactly what to do. It would most likely be simpler for me to help you know the nature of the financial snakes you might be grasping while you are aiming to get to the bottom of your financial issues in Hervey Bay. Basically, you have to try and find out what your overarching alternatives are, do your very own research into where to move on with your plan for Bankruptcy, and then approach what you feel is best in Hervey Bay for your needs. Basically, you have 3 options for who to turn to.

The first option is a Solicitor– This may look like the go-to chance when you seem to be in trouble. But undoubtedly there is only so much support they can offer on this matter. There are absolutely specialist legal advisors in personal bankruptcy, but their experience comes with a hefty price.

Another option you may think about is your accountant– they are extremely helpful and vital to the program of managing your business, but for the most part, when you are thinking about Bankruptcy, your accountant won’t be very much help to you any more.

Your best choice? A Financial Counsellor that can outline debt consolidation, personal insolvency agreements, and pretty much all you need to know when it involves Bankruptcy.

If you want to find out more about what to do, where to turn and what questions to ask about Bankruptcy, then feel free to consult with Bankruptcy Experts Hervey Bay on 1300 795 575, or go to our website: www.bankruptcyexpertsherveybay.com.au.