Help Debt Disappear With These Handy Hints Every business relies on a healthy cash flow to function efficiently but the weakening economy in Australia and around the world has put a lot of pressure on businesses. Cash is their life blood and it is for this reason that companies should take a closer look at […]

Bad Credit Rating? Get A Debt Consolidation Loan Reduced consumer spending has certainly contributed to a lot of companies going into debt, and without the money to pay their bills they are not only getting a bad credit rating; they are also battling to find funds to get the professional help they need. No matter […]

A Lifeline Thrown to Directors of an Insolvent Company The inability of a company to pay their debt because of cash flow problems and whose books are in arrears are the first insolvency indicators for outsiders looking. Cash flow problems can deepen and can make a business actually go beyond the point of meeting its […]

Insolvent Trading Imposes Stringent Liabilities on Directors The current financial crisis has placed heaps of businesses around the world as well as their directors in a precarious position. Their companies are going under. Under Australian law, a company is insolvent when it is unable to pay its debts when they are due. Sometimes things have […]

Understanding Debt Consolidation Debt consolidation is the process of taking out one big loan to pay off many others. It’s the act of grouping all your bills into one combined debt. It is a legitimate tactic for managing one’s debt but it’s only helpful if done under the right circumstances. Dealing with mortgages, car loans, […]

How to Avoid Tax DebtMost time your employer withholds a portion of your earnings to forward to the Australian Tax Office (ATO), but for those who work for themselves, managing tax debt becomes onerous. Unfortunately, failure to submit tax returns or failure to properly calculate taxes due on revenue earned can lead to tax debt […]