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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One of the biggest risks facing businesses running up to Christmas is that bad debts are getting out of hand, and that your customers begin to give you excuses. That they will cover it before the Christmas period or that the key
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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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