Declaring Bankruptcy
We can help you to do just that.
Start by calling us on
1300 942 856
We endeavour to make the process as Simple as possible and Stress Free
Introducing Bankruptcy
Bankruptcy is a legal and a great debt solution option for those with debt problems with little or no realistic opportunity to repay those debts.
The government helps people who are in an unmanageable debt move on and start their lives again.
A clean slate and a fresh start.
HOW ?
By clearing your debt/s and starting fresh with debt free life.
It will END the unmanageable debt payments.
It will STOP the harassing phone calls from your creditors or debt collectors.
It will STOP legal action from creditors.
It will STOP stress caused by financial worries.
Declaring bankruptcy can free you from debt and let you get on with your life. Stress Free Once Again.
Need help to clear your debts and start fresh ?
Contact us on 1300 942 856, We open Monday to Saturday till 6 pm.
The government helps people who are in an unmanageable debt move on and start their lives again.
A clean slate and a fresh start.
HOW ?
By clearing your debt/s and starting fresh with debt free life.
It will END the unmanageable debt payments.
It will STOP the harassing phone calls from your creditors or debt collectors.
It will STOP legal action from creditors.
It will STOP stress caused by financial worries.
Declaring bankruptcy can free you from debt and let you get on with your life. Stress Free Once Again.
Need help to clear your debts and start fresh ?
Contact us on 1300 942 856, We open Monday to Saturday till 6 pm.
How much does a Consultation Cost ?
It cost`s absolutely nothing $ 0.00
Our professional staff are available for a free consultation, with no obligation on your part!
How Quick Bankruptcy will change your life
Be Free From Money Worries In Just Days
Entering into Bankruptcy can bring immediate relief to your financial burdens.
Once lodged with the Trustee, bankruptcy applications are usually processed within 48 hours.
Your unsecured creditors, the people you owe money to will no longer be allowed to contact you.
Once lodged with the Trustee, bankruptcy applications are usually processed within 48 hours.
Your unsecured creditors, the people you owe money to will no longer be allowed to contact you.
YOU CAN INSTANTLY BREATHE A SIGH OF RELIEF
And if you want to do travelling
or moving overseas you still can...
However will require approval from your trustee.
We have not yet had a refusal
or moving overseas you still can...
However will require approval from your trustee.
We have not yet had a refusal
What you need to know about Bankruptcy
- Credit Rating is effected for 5 years.
- Bankruptcy is for 3 years and 1 day. You’re then automatically discharged.
- You will be listed in a government file known as the NPII.
- Income, you can keep your income to a certain threshold. Click here for more information.
- Assets, you can keep a car, tools of the trade to a certain value and household & personal items. Click here for more information
- Car under finance is not an issue, as long as you keep making the payments.
- Property like a house, its best to call and will discuss your options.
- Travelling overseas is not a issue, however will require approval from the trustee first. We have not had a client refused to travel overseas.
- Business owner can still continue as a sole trader. However can not be a company director.
How Bankruptcy Helps You
- Legal actions are stopped ( Creditors & Debt Collectors).
- Garnishee Orders are stopped. *
- Unsecured debts are cleared and the creditors can not contact you.
- Secured loans, its your choice to keep paying or give the items back to the creditor. If you no longer have the item please talk to us.
- Debt collectors can not contact you.
- Your employer will not be contacted.
- Your family & friends will not be contacted.
Differences between Insolvency, Bankruptcy and LiquidationInsolvency
Insolvency is a financial status of a person or business in financial trouble, and the inability to pay their debts when they fall due. Bankruptcy
In Australia, bankruptcy is a legal process for an individual (not a company) who is unable to pay their outstanding debts. It can release you from most debts, provide relief and allow you to make a fresh start. Liquidation
Liquidation is the process of winding up a company’s business. Selling its assets, investigating its affairs, recovering any legal claims, and distributing the funds received to creditors and/or shareholders. |
While you are Bankrupt,
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Frequently Asked Questions
It is extremely important to us that you fully understand whether declaring bankruptcy is the right step for you.
We answer most frequently asked questions we receive, please click on Go to Frequently asked questions bottom below... If you can not find the answer to a specific question, please reach out to us, where a consultant will personally answer your question. Remember this is an obligation free services. |
Most Debts are included including Trade Suppliers and Tax Debts. You can operate a business as a Sole Trader however you can not be a company director. Your Car
If you are the owner of the car and have no loan against it and the value of your car is less then $7,900.00, then you can keep it. If you own the car with your partner or somebody else the threshold doubles to $15,800.00 If your car is leased or under finance the value of the car now does not matter as long as you can afford to keep paying for it, however the equity on it can not exceed $ 7,900.00 and if the car is paid off while you are in your bankruptcy period it does not exceed the threshold. Your House
Don’t just assume you will lose your home when you declare bankruptcy. It is possible you could stay. Call 1300 942 856 and speak to one of our friendly consultants who will answer all of your questions about your situation and how bankruptcy may affect it. Travel
You can travel within Australia without any problems. However if you travel outside Australia, you will require permission from the trustee prior to going overseas. To date we have not had and travel application declined. Travelling overseas while bankrupt is possible. Click here for more Information WHO WILL KNOW THAT YOU ARE BANKRUPT ?
Your Employer, Friend and family will not know your bankrupt unless you tell them |
Cost for FREEDOM
Prices are set depending on your circumstance, however prices start from as low as $ 395.00*
There are no hidden fees.
The Benefits of Choosing Us
CONFIDENTIALITYYour telephone call is complete confidential, we do not record telephone calls
The service we provide can be completed over the telephone The consultant you get on the first telephone call will handle the whole process till the end You don`t need to talk to anyone else |
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We Guarantee your Bankruptcy Application will be Accepted
To date we have not had any application not accepted
START YOUR JOURNEY TO FINANCIAL FREEDOM TODAY!
BOOK a COMPLIMENTARY CONSULTATION
Or Call
1300 942 856
OnTrack Debt Solutions
We Believe In a Fresh Start
Our friendly team has years of experience in providing debt solutions.
Contact us
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