Further Reading - Nicholls Co

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Bankruptcy and your Superannuation – a heads up

Further Reading

Bankruptcy, is it different if I have a de facto rather than a spouse?

When you become bankrupt, there is no difference between having a de facto partner or a spouse. If  Your Financial Affairs are not Intermingled Your bankruptcy will have minimal impact on your de facto or spouse if your financial affairs are not intermingled. If your Financial Affairs are Intermingled If your financial affairs are intermingled …

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What is a Bankruptcy Trustee?

Alan Nicholls – Registered Bankruptcy Trustee A bankruptcy trustee is a person who is qualified and registered with the Australian Financial Security Authority (AFSA) to administer personal bankruptcies. Every person who becomes bankrupt will have a trustee to administer their bankruptcy. What is the Role of a Trustee? Your trustee stands between you and the …

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Gambling and Bankruptcy

There are a few things that are important to understand with gambling and bankruptcy: The first thing worth noting is that if you have gambled socially and have not engaged in deceiving activity to hide assets or fund your gambling, you will not be in trouble. There are two main considerations when it comes to …

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Your Tax Debt and Bankruptcy

Any remaining tax debt incurred before your date of bankruptcy will be cleared once you file for bankruptcy. Even if you have not lodged all of your tax returns before filing for bankruptcy you will not be liable for ATO debt incurred before the date of bankruptcy. There are a few important things you need …

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