by Quinns_News | Aug 21, 2013 | Consumer News
The Bankruptcy Act 1966 does not restrict a bankrupt from being employed and earning an income during their bankruptcy. However, if your after-tax income exceeds a certain amount you will have to pay contributions from your income to your trustee. The Bankruptcy Act...
by Quinns_News | Aug 14, 2013 | Consumer News
A Will is a legal document that sets out who you want to receive your assets when you die. Making a Will is the only way you can ensure your assets will be distributed according to your wishes when you die. Studies show that at least 45% of Australians do not have a...
by Quinns_News | Aug 7, 2013 | Consumer News
How to get through Bankruptcy Bankruptcy is the legal process that controls the affairs of those who are insolvent, meaning those people who are unable to pay all their debts as they are due. However, it is important to note that bankruptcy is not the inevitable...
by Quinns_News | Jul 31, 2013 | Consumer News
If you are an Australian resident with overseas assets you need to take any capital gains or capital losses you make on those assets into consideration when doing your tax return. Generally speaking, anyone who earns over the tax free threshold during the course of a...
by Quinns_News | Jul 17, 2013 | Consumer News
The death of a loved one is a stressful time. The last thing you want is to leave your family without proper care and provisions; therefore it is important for you to have a valid Will. A Will is a document which the law recognises as a means by which a person can...
by Quinns_News | Jul 10, 2013 | Consumer News
When you become bankrupt, a trustee is appointed to administer your bankruptcy. This may include selling certain assets for the benefits of your creditors. Assets are anything of value you own at the time of becoming bankrupt and anything you buy or receive or become...
