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Cash at Bank and Bankruptcy

As you ‘go through the door’ of obtaining the protection of bankruptcy, as Trustee, I will allow you to retain up to $2,000 in your bank account (not all Trustees will allow this).

Once you have the protection of bankruptcy, you can save wages that you are entitled to keep from your wages – so as to manage your everyday living expenses, buy household items, going on holidays, paying for school excursions etc – enabling you to live and pay your bills.


Alan Nicholls Bankruptcy Advice

Alan Nicholls specialises in assisting those in financial difficulty through the process of understanding & filing for bankruptcy. For more details see the contact information below: