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You can be forgiven in thinking the banks attitude towards the public is “We owe you no favours”, as the Royal Commission has revealed, they exercise this principle in many transactions. As a Financial Negotiator working in the debt negotiation industry, I have at times a not too friendly relationship with banks. However, we’ve observed a more positive side to the banks.

There are 3 simple rules in resolving any anxiety with arrears on your mortgage or credit cards, these golden rules will help ensure that any temporary financial slump won’t turn into a major financial crisis.

What we have learnt from past Royal Commissions is the Chief Commissioner can investigate wider elements from their core focus, for example, banks third-party relationships. Already, Malcolm Turnbull is urged to include the Superannuation industry in the Chief Commissioners enquiries.

The accounting industry is commonly insolvency centric when it comes to seeking out assistance for clients in deep financial stress. However, there is an explosion of interest in Debt Negotiations from all corners of the broadly termed financial industry -Accountants, Brokers, Planners and so on.

If your reading this article, the chances are you or someone you know have encountered a debt collector and you are searching out strategies on how to deal with it.

Using credit to pay credit is, simply put, a false economy. If left unchecked credit will at best enslave the debtor to a life of debt and at worse end in bankruptcy.

The accounting industry is likely to be the most disrupted due to blockchain technology, so it is vital that accountants get on board as soon as possible.

We asked some top Sydney brokers for their tips on how to build and sustain a successful broker business. The feedback from these successful brokers was remarkably similar which underlines a tried and true method in success. It's deceptively simple, yet it works.

The media are reporting on the weakening of property values, in particular apartments. The problem has been characterised as ‘free fall’, if this happens the consequences to the property market and ancillary services like mortgage brokers will be a world of pain. However, some experts are reframing the ‘free fall’ as simply market recorrecting itself. This said, there will be casualties. So, what do you do with a client who is facing the catastrophic threat of losing their home?

Insolvency can be an unnecessary heavy handed method of resolving debt problems, often all that's needed is the tactical negotiation approach to get equal or better results without the negative aspects of going bankrupt.