Cactus Consulting in Brisbane City | Bankruptcy lawyer

Cactus Consulting

Locality: Brisbane City

Phone: +61 1300 906 966

Address: 127 Creek St 4000 Brisbane City, QLD, Australia

Website: http://www.cactusconsulting.com.au

Likes: 36

Add/Update information

Reviews

Tags

• Financial consultant
• Credit counselling service
• Bankruptcy lawyer

23.01.2022 Received a Director Penalty Notice from the ATO and unsure what it means? Check this out: http://www.cactusconsulting.com.au//director-penalty-noti/

23.01.2022 Find out if a debtor #finance is a valid #business solution or just a band-aid

23.01.2022 4 Common Benefits of Debt Agreements Examined - #debtagreement

23.01.2022 If you owe an ATO debt make sure you deal with it proactively. If you dont the ATO can issue a garnishee notice to your bank! http://www.cactusconsulting.com.au//business/ato-garnishe/

23.01.2022 Alot of properties in mining towns have significantly decreased in value. Heres how you avoid #bankruptcy if you have a property worth less than the mortgage: http://www.cactusconsulting.com.au//property-worth-less-m/

23.01.2022 Need help managing your #debts? Our 6 simple tips will help you downsize them faster! #debtmanagement

21.01.2022 Are you struggling with #debt and considering a #debtagreement? Check out these articles before you sign up: http://www.cactusconsulting.com.au//pros-and-cons-debt-ag/ http://www.cactusconsulting.com.au//understand-the-benefi/... http://www.cactusconsulting.com.au//debt-agreement-vs-ban/

21.01.2022 Plenty is written about what you will lose in bankruptcy, but less is written about what you can keep. And when it comes to #debts you owe (liabilities), there are a few that are not included. We cover these here. #bankruptcy #liabilities

21.01.2022 Are you facing #bankruptcy and concerned about what will happen to your super? We answer your queries here.

20.01.2022 Considering what to do with outstanding #ATO debt? Think before you make a lodgement. Check this out #ATOlodgement

19.01.2022 Are you struggling with debt and unsure of your options? Bankruptcy may be the right move for you but dont jump in without first speaking to our Registered Trustees. http://www.cactusconsulting.com.au/p/bankruptcy-assistance/

19.01.2022 If you or your business have a tax debt that you cant pay in full its important that you proactively deal with the ATO to avoid any recovery action being taken. https://www.cactusconsulting.com.au//negotiations-with-th/

19.01.2022 Trying to assess a debt agreement vs #bankruptcy? We help you decide here. #debtagreement

18.01.2022 Thinking about getting out of #bankruptcy early? We explain your options here. -

18.01.2022 Is #phoenixing your company the best option? Beware of the hidden costs. Check this out:

17.01.2022 Is your business struggling with unpaid #tax debt? #ATO debt help may be a lifesaver #taxdebt

15.01.2022 Confused about #bankruptcy myths? Here are the facts:

15.01.2022 https://www.cactusconsulting.com.au//property-worth-less-/

13.01.2022 Want to know how you can exit your #business? We explain how here.

13.01.2022 https://www.cactusconsulting.com.au//director-penalty-not/

12.01.2022 Are you facing #bankruptcy and unsure what this means for your income? We answer your queries here.

11.01.2022 Voluntary #liquidation for directors be aware of all the risks first. Learn more here: #voluntaryliquidation

11.01.2022 Are you struggling to pay your debts and facing bankruptcy? We explain the things you SHOULD NOT do if you are #insolvent and facing #bankruptcy.

10.01.2022 Do you have a #property thats worth less than the #mortgage and not sure what to do? Check out these articles: http://www.cactusconsulting.com.au//property-worth-less-m/ http://www.cactusconsulting.com.au//property-worth-less-t/

09.01.2022 Do you have a strategy to grow your #SME? Check this out: - http://bit.ly/2fVBMZQ #businessgrowth #SMEgrowth

08.01.2022 Is your business struggling but you dont want to seek help, check this out. -

08.01.2022 It can be difficult running a business as a sole trader. You need to be generating fairly significant revenue in order to generate a profit after your expenses have been paid. Given that you do not have the protection a company affords you it can be catastrophic for you personally if the business starts making losses and you cant turn it around. We were recently engaged by an individual (lets call him James) who had previously operated a building and earthmoving business as... a sole trader. The business had ceased trading after becoming unprofitable and James had a couple of residual business debts he couldnt pay in full. We assisted James to settle two of his major debts. Negotiating with Judgement Creditor A very large trade creditor that had supplied James business with various materials was owed $150,000 and had obtained a judgement against James for this amount. Their next step would have been to issue a bankruptcy notice and eventually a creditors petition to try and bankrupt James. After some negotiations we were able to settle the $150,000 debt for $25,000 paid within a month. The amount of $25,000 ultimately represented what David could afford when considering other debts he had to pay. Negotiating with a Bank on a Shortfall Debt A major bank had previously repossessed an asset owned by James that they held security over and sold it, at what James considered to be a serious undervalue. As a result of this the Bank was still owed a shortfall of roughly $37,000. After some protracted negotiations, which involved us pointing out to the Bank the issues surrounding what James considered to be an undervalued sale of the repossessed asset, they agreed to receive $7,500 in full and final settlement of their shortfall debt. This was again paid over a month by James. By proactively dealing with his business debts James was able to settle his debts for far reduced amounts and avoid bankruptcy as a result. James is just one of the many clients we have assisted in dealing with their debts and gaining financial freedom. If you are struggling with debts and concerned about bankruptcy get in touch on 1300 4 CACTUS or send us an email at [email protected] to have a confidential discussion today.

07.01.2022 Is your company struggling financially and youre not sure how to turn it around? We explain the things you SHOULD NOT do if your company is #insolvent and facing #liquidation.

06.01.2022 Think your company may be struggling but youre not sure? These signs of company insolvency may help: https://www.cactusconsulting.com.au//signs-a-company-is-i/

05.01.2022 Debt agreements are becoming increasingly popular? But are they always a good idea? We look at the pros and cons and who they suit. #debtagreement

05.01.2022 It can be overwhelming when #debts get out of control. We talk through the five ways to help you regain control #debtmanagement

04.01.2022 We love achieving great client outcomes, and were stoked to share this one. Our clients husband was #bankrupt and she thought they would lose their home. Instead, with our help she kept the house and didnt have to hand over a dollar! #bankruptcy

04.01.2022 Are you planning to travel while #bankrupt? Check this out: #travelwhilebankrupt

03.01.2022 If you or your business have a tax debt that you can't pay in full it's important that you proactively deal with the ATO to avoid any recovery action being taken. https://www.cactusconsulting.com.au//negotiations-with-th/

03.01.2022 Think your company may be struggling but you're not sure? These signs of company insolvency may help: https://www.cactusconsulting.com.au//signs-a-company-is-i/

03.01.2022 Are you #bankrupt but want to get out early? We can help: http://www.cactusconsulting.com.au//getting-out-of-bankru/

02.01.2022 Do you have a strategy to grow your #SME? Check this out: #businessgrowth #SMEgrowth

01.01.2022 Investment properties are starting to tumble in value. While values may bounce back, the property holding costs can force their sale, sometimes for less than the #mortgage. Heres our approach to achieving a better outcome and avoiding #bankruptcy over the shortfall.