Shannon Mullins, Author at Matti Lamb & Associates

Bad credit rating? What can you do?

A credit rating (also known as a credit score) can play a vital role in a person’s financial life. A good credit rating indicates responsible borrowing and timely repayments, while a bad credit rating suggests a history of late payments or loan defaults. The lower the credit score, the less favourable the terms and conditions for future loans and credit cards. However, it is important to know that there are actions that can be taken to increase a low score. In this article, we will explore what a credit rating is, the factors that impact it, the effect of bad credit, and the steps that can be taken to increase a low credit rating.

Divorce, de factos and superannuation splitting

Once a couple is separated, their superannuation (super) is treated as property under the Family Law Act 1975 (Cth) and the value of the couples’ super benefits will be taken into account when determining a property settlement. Laws regarding super splitting apply to both married and de facto couples.

Super is held in trust and this type of arrangement differs from other types of property – there are rules that govern when a party is able to access their super funds.

Will Contests and Estate Disputes – an Overview

In Australia, there are legal avenues available to individuals who wish to contest a will or challenge the distribution of an estate. Although regrettable, such disputes are often unavoidable and sometimes essential to ensure fair outcomes. Understanding these legal processes and the reasons estate disputes arise can help individuals navigate these challenging situations.

Parenting orders for non-parents – who can apply?

A parenting order is not only designed to apply to parents or guardians of a child, but non-parents may also apply for parenting orders to be able to spend time with, or care for a child.

The Family Law Act allows a grandparent, or any other person concerned for the child’s care, welfare, or development to apply for a parenting order.

A Step by Step Guide to the Litigation Process!

If you are a small business owner, there is a good chance that at some point you will consider suing someone to recover a debt, seek damages for a breach of contract or to resolve an employment dispute.

If you are considering commencing a legal action, it is important to understand the basic procedures involved. We set out below a step by step guide to commencing legal action and provide some insight into the litigation process.