My Story

Hello, I’m Slade McInerney and I helped designed this website to be a tool for people considering bankruptcy. I have been through bankruptcy myself and understand the pressure you are going through. I was deeply in debt for years long before I even seriously considered bankruptcy. I must say though, declaring bankruptcy has been one of the best decisions of my life.

A little bit about me, I have operated a small business. I have a Bachelor of Business with majors in Economics and Accounting. Recently I completed a Masters of Financial Planning.

I am sure like me, you have tried working harder, longer or writing yet another new budget hoping for a change in your luck. I have tried all those things, multiple times, and none of them worked. I started losing hope and felt like I was trying to swim up a waterfall. The pressure it was placing on my life from a financial aspect, mental and physical health aspect, was becoming unbearable. It wasn’t until I filed for bankruptcy that it started to dissolve and I started to feel like myself again.

I knew about bankruptcy and logically it made sense – but emotionally? That was the hard part! I worried that people would find out about it and think less of me. The reality was very different.

I found the hardest part of bankruptcy was dealing with the space between my ears. You think that people are talking about you , looking at you, that they know you are bankrupt. These were my thoughts as I walked the supermarket aisles, wondering who I would bump into, who was staring and judging me.

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The truth is, everyone has their own problems to deal with. The majority of people are too preoccupied in their own lives and problems to be thinking about yours. I often tell people that if they got into a lift full of people, the chances are one of them would have been bankrupt, or had a family member go down that path.

Once I made the decision to go bankrupt, I felt so much better, I was taking control again. It was all thanks to a friend who took the time to talk to me and made me see things clearly. He said I was wasting my life and it was time to take a hand in my own recovery – and he was so right. The friend that helped me was Alan Nicholls and I helped create this website, so as I can pass to you the knowledge and comfort he gave me when I was considering if bankruptcy was the correct path for me. I was so impressed that I now work with Alan helping people, the same as he helped me. I receive referrals from Alan’s company Nicholls Resources Pty Ltd and enjoy every day – helping people, trying my best to make a positive impact on people’s lives, it’s great.

For me, bankruptcy was the best thing I could have done. I drew a line in the sand. I took control of my life and I started moving forward – I haven’t looked back. In fact, my motto now is “look forward, never back”. I have heard it said that bankruptcy is a “word” and not a “sentence” and I have found this to be true.

Once I became bankrupt no one on the street knew unless I told them – and that will be the same for you. I began to live a much happier and healthier life as the stress levels went down. I recommend that you start taking steps to create a better future for yourself too!

So let me guide you to a better understanding of bankruptcy, the journey starts here. Bankruptcy can be a real solution.

Fred Appleton – Bankruptcy Saves Lives

When I went through filing for bankruptcy, good quality information on the topic was really hard to find. The site that helped me most was Fred Appleton’s website.

Who is Fred Appleton?

Appleton is a former Chartered Accountant who became bankrupt himself. He could not find anyone who was talking about this topic and making sense, so he set up his own site. Appleton really believes that bankruptcy saves lives, and I agree.

As Fred says, going through it, however, doesn’t discriminate. People of all ages – as well as incomes and various backgrounds – can go through situations like this, and it’s always challenging. At the end of the day, moments like this can – and do – happen. But it’s a passion of mine to help you through it.

After personally meeting Fred, I can tell you that his common-sense approach to this process reflects both his years of experience helping people like you and me and his caring nature. Fred is retired now; he kindly recorded a video where he gives his views, so take a few minutes to hear his story and what he has to say.

“Should I consider bankruptcy?”

After Fred’s retirement, I felt there was a need for someone to continue helping people using his common-sense approach to insolvency and similar situations. That is why our very own website was created.

Now, I invite you to explore our platform and read as much as you can, as many times as you need. My advice to you is not to do anything until you understand how it all works, and make sure you are comfortable with the knowledge you have. If you need support, make sure you reach out for help – we can help you.

This will allow you to make sure you make the best decision for you and your future. If you need any more information about how filing for bankruptcy in Australia works, you can contact me or phone 1300 794 492. My advice is free and confidential, send me an email or give me a call. I will be happy to help you explore your options.

If you are not sure where to start, try reading the article “What is bankruptcy? How does it work?”.