Obligations of a Bankrupt
What are the major effects on your life and the lives of your family and creditors in the event that you declare bankruptcy? This article b
Property at Risk in Bankruptcy
Not all property will be taken if you become Bankrupt. This article considers which property will be protected and which will be divisible
Forms of Insolvency Appointments
There are many forms of insolvency appointments in Australia under the Corporations Act and the Bankruptcy Act. A summary each of the diffe
Insolvent Trading Risk
If guilty of insolvent trading, a director can be made personally liable for the debts incurred by the company for the period it traded whil
Bankruptcy Notice and Creditor's Petition
A Bankruptcy Notice can be issued to recover judgment debts. If ignored, it can result in the debtors being made a bankrupt by way of a cre
Managing Trade Debtors - Statutory Demands
Trade Debtors can be managed through the Statutory Demand Process. If you have been served with a statutory demand, it can have very serious
