To become bankrupt, you will need to complete a Bankruptcy Form. This is a new form which was issued by the Australian Financial Security Authority (AFSA) in January 2020....
We are commonly asked to assist people involved in a business that has failed. Often one of the impacts of the business’ failure is that a bank loan to the business has not been paid. This loan is also often guaranteed by the person running the business but also by his or her partner, with the loa...
Article by Mark Davidson Ever wondered what would happen to your property in bankruptcy and if it was possible to keep it? It depends on number of factors, however the key thing to understand is that your interest in a property upon becoming bankrupt vests in your trustee, on behal...
Got a self-managed super fund and facing bankruptcy? Find out what your risks and options are so that you make the right decision for your future…...
Do you have unmanageable personal debt? There may be options other than bankruptcy. Before you decide what to do, understand the options explained here…...
Are you a creditor looking for advice on replacing a bankruptcy trustee? New laws to empower creditors could make the replacement of that trustee easier....
Accountants benefit from choosing a liquidator to collaborate with on client problems – not just for liquidation! Here are 9 reasons why you should find one…...
If you owe a large debt to the bank and are considering bankruptcy, you may be able to avoid bankruptcy thanks to alternative settlements ...
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