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BANKRUPTCY

INTRODUCTION
WHAT IS BANKRUPTCY?
Who is involved?
TYPES OF BANKRUPTCY
Who can become bankrupt?
ALTERNATIVES TO BANKRUPTCY
Advantages
Disadvantages
EFFECTS OF BANKRUPTCY
The bankrupt's property
The home
Motor vehicles
Consumer mortgages and bills of sale
Money received
Goods disposed of for less than market value
Travelling overseas
Property a bankrupt can keep
Income
Offences under the Bankruptcy Act
What does it cost to go bankrupt?
DEBTS
Debts covered by bankruptcy
Exceptions i.e. debts not covered by bankruptcy
Essential services, rates and traffic fines
RIGHTS OF BANKRUPTS
HOW TO GO BANKRUPT
Public examination
ENDING A BANKRUPTCY
Automatic discharge
Early discharge
Objections to discharge
Annulment
WHO SHOULD CONSIDER BANKRUPTCY?
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TERMINATION OF BAIL 
 INTRODUCTION


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INTRODUCTION  :  Last Revised: Tue May 30th 2006



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