PAST ARTICLES

What happens when your bankruptcy ends

What happens when your bankruptcy ends

Generally, bankruptcy goes for three years. Once this three-year period is over you are discharged from bankruptcy, meaning the period of your bankruptcy ends. So, what happens when your bankruptcy ends?...

All you need to know about bankruptcy

All you need to know about bankruptcy

If you become bankrupt, a bankruptcy trustee is appointed to manage your bankruptcy, which is commonly referred to as administering your bankrupt estate. The role of a bankruptcy trustee includes:...

How does someone make you bankrupt?

How does someone make you bankrupt?

If you owe creditors a substantial sum of money and are wondering how they can make you a bankrupt, this article provides an overview of the most common process. ...

Can you transfer your house before bankruptcy?

Can you transfer your house before bankruptcy?

We are often asked by clients who are insolvent if they can transfer their interest in the family home to their husband or wife and then go bankrupt? ...

Is it an offence to gamble and lose money before bankruptcy?

Is it an offence to gamble and lose money before bankruptcy?

It is a little-known fact that it can be an offence to gamble leading up to your bankruptcy. This is because Section 271 of Bankruptcy Act 1966 (the Act) provides that it is an offence for a person to gamble away funds within two years of the commencement of their bankruptc...

How to remove a Bankruptcy Trustee

How to remove a Bankruptcy Trustee

If you are a creditor of a bankrupt estate, you may not be happy with the steps taken by the Bankruptcy Trustee. This can include steps taken to ...

Ending Bankruptcy Early by a Section 73 Composition

Ending Bankruptcy Early by a Section 73 Composition

Our Bankruptcy trustee experience can help you with a Section 73 Composition to assist with exiting a bankruptcy sooner. ...

Applying for Bankruptcy: A New Bankruptcy Form

Applying for Bankruptcy: A New Bankruptcy Form

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....

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