Entering bankruptcy does not normally prevent you from working. However, when you earn as a bankrupt, you may be required to pay income contributions towards your bankrupt estate. Whether you pay, and how much you pay, depends on your income.
Topics: Bankruptcy, Personal Debt
Explore differences between bankruptcy, insolvency, & liquidation in Australia. Learn signs & get guidance from Revive Financial.
Topics: Bankruptcy, Company Liquidation, Director Advice, Business Debt, Liquidation
If you've been made bankrupt, you are probably worrying about your house being sold out from under you. The good news is, it's not set in stone.
Topics: Bankruptcy, Personal Debt
Despite its reputation, Bankruptcy is not a punishment. Declaring Bankruptcy in Australia can alleviate financial hardship and stress.
Topics: Bankruptcy, Personal Debt, Debt Management Plans
When Aussies get into debt, their minds immediately jump to bankruptcy. However, there are plenty of options to avoid bankruptcy. Declaring bankruptcy is commonly viewed as ‘the easy way out’ of debt but there is nothing easy about bankruptcy.
Topics: Bankruptcy, Personal Debt
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