Objections to a bankrupt’s 3 year discharge in Australia – mixed messages and unfair law
Apart from Australian law imposing a long period for a person to be subject to the restrictions and stigma of bankruptcy, of 3 years, it allows trustees to extend that period of time, up to 8 years, and based on some rather mixed messages and perhaps unfair law. Objections to discharge A trustee may lodge […]
You call that a lockdown? Australia’s bankruptcy laws
If those in small business think the lockdowns are tough, for weeks or even months at a time, the government has a much longer lockdown for them if their business happens to succumb to the financial pressures and they find themselves bankrupt. While bankruptcy is sold as being able to “release you from most debts, […]
