At a glance Hidden Costs of Bad Debt: Uncover how unpaid invoices can drain resources, strain cash flow, and damage your business’s reputation. Preventing Bad Debt: Learn proactive strategies, from credit screening to legal action, to safeguard your finances. Understanding Good Debt: Differentiate between good and bad debt to make informed financial decisions and ensure […]
Continue readingInheriting Debt: How common is it in Australia?
At a glance Understanding Debt Inheritance: In Australia, you don’t inherit debt directly; the deceased’s estate is responsible. Types of Debts: Learn about secured and unsecured debts, guarantor loans, and their implications on inheritance. Managing Joint Debts: Discover the responsibilities associated with joint accounts and how location can impact debt collection practices.
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