http://www.getdebtfree.com.au/blog We Specialise in Debt Agreements, Personal Insolvency Agreements, Bankruptcy and Debt Management Thu, 14 Jan 2010 03:01:38 +0000 http://backend.userland.com/rss092 en Life had become difficult. Sleepless nights, panic attacks whenever the phone rang, dizziness on receipt of threatening letters and invoices of ever increasing debt, short tempered and snapping at everyone around me. These were some of the nasty symptoms  I experienced as a result of my inability to maintain repayments ... http://www.getdebtfree.com.au/blog/i-had-sleepless-nights-before-speaking-to-debt-free.html Bankruptcy levels in the past financial year were at their second highest on record but one in five struggling borrowers facing financial ruin chose to enter into a debt agreement rather than surrender their assets.This month marks the first anniversary of new laws that stop debt agreement administrators charging battlers ... http://www.getdebtfree.com.au/blog/one-if-five-cases-choose-debt-over-bankruptcy.html On 28 October 2009, The Attorney-General Mr Robert McClelland, introduced the Bankruptcy Legislation Amendment Bill 2009 into Parliament. The bill, if passed by parliament will modernize the personal insolvency laws in Australia.  The bill will do this by recognising that the majority of bankruptcies relate to consumer debts and involve people ... http://www.getdebtfree.com.au/blog/bankruptcy-reform-amendment-bill-introduced-into-parliament.html The Attorney General released draft legislation on amending the Bankruptcy Act on 25 August 2009. The draft legislation includes many technical changes but of most interest to the average Australian the reforms to the Bankruptcy Act include: The Debt Agreement thresholds are likely to be increased moderately.  Currently under the Bankruptcy Act ... http://www.getdebtfree.com.au/blog/bankruptcy-legislation-amendment-bill-2009.html The Bankruptcy Act contains statutory thresholds concerning limits for: Income; Assets; and Unsecured debts These statutory thresholds will govern which personal insolvency product you may be eligible for and will also govern what assets you can retain in bankruptcy and whether you will become liable for statutory income contributions in bankruptcy. These thresholds ... http://www.getdebtfree.com.au/blog/bankruptcy-act-statutory-thresholds.html Play Audio interview While many business and industries are facing a downturn, one group's flooded with work: debt counsellors ..., Anna Hpisley hears more from Anthony Warner, Chief Executive of Get Debt Free (Economy Business and Finance, Debt Management). Broadcasted on 3/11/2008 http://www.getdebtfree.com.au/blog/anthony-warner-ceo-of-get-debt-free-was-interviewed-in-abc-radio-on-3112008.html THE economic hard times are beginning to bite, with thousands of people unable to pay their bills now desperate to cut a deal. Debt agencies report they are working seven days a week as people, even those earning more than $100,000 a year, flood the phone lines asking for help in ... http://www.getdebtfree.com.au/blog/get-debt-free-intervied-by-the-media-the-australian-abc-radio.html LONDON (AFP) ó Prime Minister Gordon Brown stepped up pressure on Iceland Thursday as Britain tried to establish how many hundreds of millions of pounds of local government cash had been in frozen Icelandic banks. "What happened in Iceland is completely unacceptable," he told BBC television. "I've been in touch ... http://www.getdebtfree.com.au/blog/brown-piles-pressure-on-iceland-over-frozen-bank-deposits.html We help Australians get out of debt! If you are struggling with debt, donít delay and call us toll free on 1800 98 10 70. Our professional & friendly Personal Debt Advisors will find the most suitable debt solution for you in just 10 minutes. Our toll free lines are open 7 ... http://www.getdebtfree.com.au/blog/debt-collectors-have-strict-rules-on-how-they-can-treat-debtors.html Get Debt Free Advisors help Australians find the most suitable solution, call toll free now on 1800 98 10 70. AUSTRALIANS once were a nation of savers. But next month the Bureau of Statistics will tell us that households owe $1 trillion in debts and other liabilities, making us world-class debtors. Our ... http://www.getdebtfree.com.au/blog/changing-face-of-australian-debt.html