A personal guarantee, signed on behalf of someone else can be the worst financial decision that you ever make. Upon signing a personal guarantee, where the loan becomes unpaid, goes into default or where the original borrower is unable or unwilling to
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We examine the impact that the Personal Property and Securities Act 2009 (“the Act”) and the Personal Property Securities Regulations 2010 (“the Regulations”) has had upon the usage and effect of a contractual provision known as the “ROMALPA clause”, also known as
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The question is often posed, why would I need a will? I’m young and I don’t have a lot of assets. Most people don’t realise that even within their normal superannuation fund, they have several hundred thousand dollars in superannuation life insurance,
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We have recently helped a client through the maze of borrowing to buy a property through superannuation, before signing the contract you need to understand what is involved. There are limits Not just financial limits but practical ones, the loan cannot be
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#ADS_LAW UPDATE 12 #2 DO NOT KNOCK STICKER Consumer Action Law Centre developed the Do Not Knock Sticker in response to the huge number of cases it was seeing where door-to-door salespeople had misled or pressured families into deals which often left
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#ADSLAW_UPDATE 12 Do Not Knock #1 Are you tired of door-to-door salespeople? ARE YOU LOOKING FOR AN ANSWER? Send a clear message to them- DO NOT KNOCK RECENT FEDERAL COURT DECISION The Do Not Knock sticker was held to be legally enforceable
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