From Financial Success to Bankruptcy: My Story

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In this episode, host Louisa Larado shares her personal bankruptcy story and explains why she started the podcast. She talks about how she and her husband initially had financial success through property investing, but made some bad investment choices and were hit hard by the property market crash. They found themselves unable to pay their mortgage and struggling to provide for their family. After researching bankruptcy, they decided it was the best option for a fresh start. Louisa discusses the bankruptcy process, the impact on their finances, and how they were able to rebuild their lives after bankruptcy.
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Takeaways

• Bankruptcy can provide a fresh start and a clean slate for individuals and families experiencing financial hardship.
• It's important to seek professional advice and do thorough research before deciding to file for bankruptcy.
• Bankruptcy can have a positive impact on credit rating and the ability to borrow money after the bankruptcy period.
• Having a positive money mindset is crucial for overcoming financial struggles and rebuilding after bankruptcy.
• The Bankruptcy to Bliss podcast aims to provide support, training, and advice for individuals going through bankruptcy or financial hardship.

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Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.