Hi, I’m Karen Babinall, insolvency advisor and owner of All About Bankruptcy. Like many people, I’ve experienced difficult financial times during my life. Years ago, we bought a business believing it was the best thing we could do.
We invested all we had and then some. The business we purchased did not have the trading figures we were made to believe. Long story short, we lost everything. The house we’d worked hard to build, cars etc. not to mention our self esteem. It was a long and difficult road to recover from.
I learned then that financial stress equates to severe personal stress, placing great strain on relationships, health and children often suffer as a consequence. The domino effect can be devastating. I believe this is part of the reason I am personally so passionate about finding solutions for those who experience financial hurdles in their lives.
“It’s natural to find it hard to be positive when you’re feeling so overwhelmed and helpless.”
I’ve worked within this industry as an insolvency advisor for a long time now and have spent many thousands of hours on the phone to people from all walks of life who are crippled with distress about their situation. Sadly, once you’re in that space, it can be tough to see a positive outcome. It’s natural to find it hard to be positive when you’re feeling so overwhelmed and helpless with no real options.
One of the extremely satisfying aspects of being in this business is knowing that All About Bankruptcy CAN assist you – there are solutions! It may be by guidance and suggestions of alternative options (often at no cost to you), completing and lodging voluntary bankruptcy documentation on your behalf or discussing the possibility of entering into a Part IX Debt Agreement through a licensed Debt Agreement Administrator. One of these options could give you the chance to get that much needed fresh start and live happily again without financial stress.