Give us a call on 1300 794 492 or email

Slide background

Bankruptcy is about getting back on your feet and on with your life...

Get In Touch


Hi, my name is Fred Appleton.

I’m a former Chartered Accountant.

A number of years ago I went into bankruptcy myself and I’ve never looked back.

Today I help people from all over Australia find a solution to their debt problems through the bankruptcy system.

Read the website first, then call me on 1300 794 492 for a chat or email me at

Talking to me is free, if you then decide to use our service to prepare the bankruptcy forms and paperwork, then our fee is $300 plus $30 GST. (If you’re in business and already paying GST then the $30 will come out of the GST that you have collected, not out of your pocket.)

Perhaps you have always thought bankruptcy was not an option for you.

Or you might be one of those people who say it’s not for them. I understand how you might be feeling. I was just like you.

Many years ago now my world crashed down around me and for a while things looked hopeless.

I didn’t know what to do until someone I knew who had been down this path before suggest I file for bankruptcy. I thought I would lose everything but in the end my bankruptcy helped me get back on my feet and on with my life.

If you have debts that have become overwhelming then bankruptcy can help you too.

Bankruptcy is not the so called ‘last resort’ that everybody seems to say it is.

Instead it can be the positive first step you can take to deal with a difficult or impossible situation.

If you are facing serious financial difficulties then bankruptcy can bring you immediate relief and peace of mind. The phone calls and threatening letters stop and you can start sleeping well again.

When I went into bankruptcy myself I discovered that many of the things I thought about bankruptcy were wrong.

And lot of that same misinformation about bankruptcy is still around today.

You might be worried about the so-called ‘stigma‘ of bankruptcy. I know I was.

Nobody really knows that you’re bankrupt except the people that you owe money to, your trustee and the people that you tell.

Also, did you know that bankruptcy cancels your credit card debts and unsecured loans now, not years down the track like some of the other options ?

Typically your income stays the same or about the same.

Bankruptcy doesn’t discriminate.

People of all ages, incomes and backgrounds come to me and have done for years.

People just like you and me.

I’m so often told that problem debt has been caused by a period of ill health, or a marriage or relationship breakdown, or a period of unemployment.

These things happen, it shouldn’t mean it is the end of the world.

Sometimes debts are left over from a business that has been closed or directors are left with debts that can’t be paid from a company that has been liquidated.

Problem debt in turn can also cause ill health and relationship breakdowns. With a bit of knowledge and help you’ll see that it can be fixed.

From what people say to me now and have told me over the years, I’m certain that bankruptcy saves lives, and marriages too.

You may have been putting off dealing with your problem debt until now because you haven’t known where to turn. What I know for sure is that nobody I speak to says they ended up regretting going into bankruptcy.

On the contrary, they almost always say the one regret they have is that they didn’t do it sooner.

Take some time to read our website, there is a lot of information there. It will probably make sense for you to save it in the ‘Favourites’ section of your web browser (as you will probably come back to it a few times over the coming weeks or months).

And when you are ready give us a call on 1300 794 492 or send us an email to, that’s usually the hardest part. If I’m not around then somebody from the office of Nicholls & Co will take the call for you and should be able to help you.

All the best,


Read Fred’s Full Story


What our clients are saying...

Dear Fred and Steve, like many other Aussies who are encouraged to "give it a go", I did, and enjoyed success until the business hit the wall... I had failed…


Hi Fred, Firstly I would like to thank you and your team and the team at Nicholls & Co for helping us through our bankruptcy. It was painless and gave…

James and Sue

You are a godsend. I recommend anyone in doubt about bankruptcy that you are on the right track talking and dealing with Fred and his team. I thank you from…


Fred, I cried tears of joy today when I received the bankruptcy confirmation from AFSA in my mail. You probably know exactly how I feel, but after receiving calls from…


Hi Steve and Helen, I hope you are doing well. I just wanted to let you know that I was declared bankrupt on Feb 8th and to thank you both…

Jim B

You helped me declare bankruptcy and it's the best thing I've done; I'm free and living my life and saving a little every week. I've learned to live within my…

Nigel M

Back to top