What is solvency?

Solvency is the state of being solvent meaning that you are able to pay all just debts when they are due.  If you cannot. you are insolvent  To secure new loans or further credit, you must be solvent.  If you are insolvent, the law gives you many options to fix your debts without having to borrow more money. You can read about these other debt solution options HERE.

How do I stop debt collectors bullying me?

You are not a punching bag to be continuously pounded by debt collectors, harassing you for money you don't have.  You have Rights and now is a good time to learn about them.  Read about how to turn the tables on debt collection bullies HERE.

Why won't anybody listen to me?

Telling creditors that you cannot pay does not help them.  If you know you cannot pay, you have steps you can take and creditors expect you to do so.  There are many things that you can do to help yourself but asking creditors to leave you alone until your situation improves, is not one of them.  Read about your options HERE

Would I be better off bankrupt?

You are more valuable than your debts so when creditors will not let up, you can take shelter under the protective umbrella of Bankruptcy Law.  Bankruptcy laws protect you against excessive behavior by creditors, unreasonable demands on your property and income and at the same time provide a stable platform on which to rebuild your finances.  Didn't know this, that's because creditors do not want you to.  Get the facts about bankruptcy HERE.

 Would you like more help?

Is your situation complex, urgent or you wold prefer an independent assessment of your circumstances? Book an appointment for a personal telephone consultation (CLICK HERE) or call 1300 305 510, Australia-wide.