Bankruptcy can provide relief if you’re unable to repay your debts, but it comes with serious legal and financial consequences. In Australia, bankruptcy usually lasts for three years and one day, but it can impact your ability to travel, run a business, or access credit for much longer.
Before you apply for bankruptcy, it’s important to get legal advice. You may have other options available, such as negotiating with creditors, entering into a debt agreement or requesting a hardship variation. Bankruptcy should be a last resort but for some people, it may be the right path forward.
Law Tram connects you with lawyers who can help you understand the pros and cons of bankruptcy and assess whether it’s your best option.
Start by completing our secure online questionnaire. This step allows you to provide essential details about your financial situation and debt concerns.
Law Tram’s advanced technology generates a confidential legal summary of your situation while keeping your personal details private.
Your confidential legal summary is shared with our network of vetted lawyers who review your case to determine how they can assist.
If a lawyer believes they can help, they will initiate a chat with you through the Law Tram platform. Your contact details remain private unless you choose to share them.
You are under no pressure to retain any lawyer unless you are confident in their ability to assist. Law Tram empowers you to make informed decisions.
Law Tram’s Debt and Bankruptcy Consultation offers a secure, efficient and supportive way to connect with expert legal help. Whether you’re considering bankruptcy or looking for ways to avoid it, our platform helps you access tailored advice from qualified lawyers.
Start your free, confidential consultation today. Please note that Law Tram does not assist in finding legal aid lawyers. If you are seeking legal aid, visit our dedicated legal aid page for more information.
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