CHANGES
TO THE LAW In past years, death
and debtors prison were the sentences for those unable to pay their debts
on time. Things have changed
a lot since those days when England's original bankruptcy laws very much
favoured the creditor and offered little or no hope to the debtor. Overtime, a more equitable
form of bankruptcy became law and this was the starting point for our
own Australian Law. The Bankruptcy
Act of 1966 is the basis for the law as it currently stands today. Although these laws
help many people, other individuals mistakenly view bankruptcy as a kind
of 'quick fix' to their financial troubles. Anyone considering bankruptcy
should obtain an individual financial assessment and explore all possibilities
and alternatives. A debt management
program may be the better solution. At FCR we believe
it is possible for all to achieve personal financial stability. Despite past circumstances,
you can free yourself from the burden of overwhelming debt.
Getting
a free financial assessment of your own situation is an important first
step to making an informed decision about your Finances.
You
are under no obligation to enrol in the Debt Management Program.
Good
counsel will weigh all aspects of your individual situation, present the
facts and allow you to make the decision.
Our
Belief
By
avoiding creditor phone calls and
letters you can not make the problem go away
and may even cause further damage
to your situation.
FCR's DEBT MANAGEMENT
PROGRAM can help you overcome these difficulties. FCR is committed to
negotiating with your creditors to reduce your interest rates and waive
or reduce late payment fees.
FCR
is aware that not everyone named in the court listings is in financial crisis.
You may only be experiencing a temporary cash flow problem.
This
help is not a loan, nor is it bankruptcy. IT IS DEBT RELIEF.
You
can be immediately enrolled in a Debt Management Program and drastically
cut down your pay off time, saving thousands of hard earned dollars.