Bankruptcy Trustee Powers Explained
What can a bankruptcy trustee do A bankruptcy trustee can investigate your finances, take control of property available to creditors, sell assets, recover certain pre-bankruptcy
What can a bankruptcy trustee do A bankruptcy trustee can investigate your finances, take control of property available to creditors, sell assets, recover certain pre-bankruptcy
A winding up application asks a court to place a company into liquidation. If it succeeds, a liquidator takes control of the company’s affairs. To
Mortgage default can damage your credit history, reduce refinancing options and put your home at risk. Selling the property does not necessarily clear the loan:
What are Deeds of Company Arrangement Deeds of Company Arrangement are binding arrangements made after voluntary administration to determine how a company’s affairs and creditor
Time Limits for Enforcing a Judgment at a glance In Queensland, a creditor can generally start proceedings to enforce a money order within six years
Interest on Unpaid Debts in Queensland can arise under an enforceable contract, a court’s discretionary award before judgment, or the statutory rules applying to a
Bankruptcy restrictions in Australia allow most people to keep working, earn income, operate as a sole trader, and travel within Australia. An undischarged bankrupt must
Trust structures and asset protection depend on who owns each legal and beneficial interest, how the trust was funded and whether earlier transfers can be
Asset protection during bankruptcy turns on ownership, not the name on a trust deed. Property genuinely held for others is generally excluded from a bankrupt
How to choose the best enforcement method In relation to the best enforcement method, the question is not which warrant sounds strongest. It is which
Voluntary Administration in Australia at a Glance In relation to voluntary administration, the following points answer the questions most readers ask first: Purpose: to provide
Sequestration Orders and Bankruptcy Notices at a Glance A sequestration order makes an individual bankrupt. An unpaid judgment does not, by itself, entitle a creditor
What Is Small Business Restructuring in Australia? The regime commenced on 1 January 2021. It is sometimes described as a “debtor-in-possession” process because, unlike voluntary
Charging Orders and Asset Seizure – The Short Answer Use seizure and sale when the debtor has identifiable, non-exempt property with enough net value to
Bankruptcy restrictions at a glance Bankruptcy restrictions are not all of the same kind. Some are positive duties, such as answering the trustee’s questions. Some
We approach your dispute with – strategic thinking, commercial solutions & positive outcomes.Our honest process is designed to get you the best commercially sensible resolution
1300 545 133
No Fee, No Obligation Case Evaluation