All Posts By

Doug Constable

Presenter Doug Constable on Bankruptcy and Trustees

By | Doug Constable

Over the years, I have dealt with a large number of trustees, and whether you go for a private trustee or a government trustee, really depends on your own personal situation. The underlying thing I’ve found with trustees, is to find one that you can talk to and you can deal with. If you leave it up to your creditors to bankrupt you, and they put in their own trustee, they are going to be very aggressive.

#dougconstable #Bankruptcy #Trustee

Read More

Presenter Doug Constable on Introduction to The Banking Royal Commission

By | Uncategorised

Hi, I’m Doug Constable and in Australia, over the last few weeks, there has been a lot said about this Banking Royal Commission that’s going on.

The first bank that had the opportunity to comment was the Commonwealth Bank, and they admitted many of the mistakes they’ve made over the period of time. One of the things that interests me though is how much emphasis is being placed on the banks and their responsibility to ensure that their loans are accurate, or their financial planner is doing the right thing.

#Introduction #Banking #Royal #Commission
Read More

Things are never as bad as they seem, Things are never as good as they seem

By | Doug Constable

Things are never as bad as they seem and things are never as good as they seem. And it reminds me of a particular couple that I had, that they were living in a rented house. And they were renovating the house to stay on the street, and they wanted to keep the house. So 2 years down the road, they’re panicking, “Oh, we haven’t got the money! We’re going to lose the whole lot,” and it all goes on and on and on. And it’s doom and gloom.n

#dougconstable #thingsareneverbad #thingsarenevergood

Read More

Winning an Argument with Creditors and Solicitors

By | Doug Constable | No Comments

One of the things I have realized over the time, when we’re negotiating with creditors and in actual fact when we are negotiating or dealing with things in life, is that there are no winners in an argument, whether it be our partners, whether it be our children, our parents. As soon as you get into an argument what we’re trying to do is to try and prove that the other person is wrong and that we are right. Now, from our point of view we’ll be right but if we accept the other person’s point of view from theirs is right, then we get a lot further.

#dougconstable #winning #argument #creditors #solicitors

Read More

Presenter Doug Constable on Depression, Business In Financial Difficulties

By | Doug Constable | No Comments

Sometime ago, I was dealing with a fellow in the motor industry, and he had an agreement with quite a large motor repairer, to do their vehicles. He was going through a tough time, most probably wasn’t as strong mentally as he could be at that time. He’d had been 12 or 18 months of being harassed and worrying and feeling like he was going to lose everything.

#dougconstable #depression #business #Financialdiscussion

Read More