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I need advice about bankruptcy. What can I do?

I am worried that I may be declared bankrupt soon. My carpet cleaning business is running at a loss and I am in debt up to my eyeballs. I do not think that I need a lawyer yet but I want to know a little bit about what happens so I can be prepared and so I understand better what may happen.
Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 01-12-2015
1 Lawyer Answered
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Lawyer Answers (1): Answers from lawyers are general preliminary responses. They are not formal legal advice and cannot taken account of all your circumstances. They do not create a lawyer–client relationship.

Answer by Kate Dodgson, Brisbane 4000 QLD

  • Community Legal Centres can help you with this.
  • Most CLCs will have fact sheets and guides relating to different areas of law and they will be happy to give them to you. You can also go to a walk-in advice session and have a chat with a lawyer.
  • The self-representation service usually covers bankruptcy. You should speak to someone at your nearest CLC to find out more about this service.
  • CLCs are very approachable so if you have a question just call and ask.

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