HAVE YOU RECEIVED A SUMMONS, A STATEMENT OF CLAIM OR A LIQUIDATED CLAIM?
If you’re being taken to court, don’t ignore it or judgment may be entered against you in your absence.
Seek legal advice immediately. If you can’t afford a solicitor, get free legal advice.
WORK THE TIMING
If you’re expecting a tax return, get your return in as quickly as you can to receive the money earlier.
If you’re expecting to make a payment, hold off your return until close to the deadline. For most of us, that is 15th May in the following year (unless you lodge it yourself in which case it’s 31st October in the current year).
Check ATO lodgment dates for individuals, if you’re not sure.
BEWARE THE EQUITY STRIPPERS
A small but dangerous minority of finance businesses has been found to churn clients from one loan to another, often exaggerating the threat of repossession.
Each time, large fees (sometimes tens of thousands of dollars) reduce the owners’ equity in the home, leaving them worse off and ultimately more likely to lose their home.
If you are contemplating refinancing, read this first.