Personal Insolvency

Personal Insolvency in Australia is regulated by the Bankruptcy Act 1966 (Cth) ("the Act"). The different types of insolvency administrations available to personal debtors under the Act are:

1. Bankruptcy

2. Part X Personal Insolvency Agreement or

3. Part IX Debt Agreement.

In addition, O'Brien Palmer can act as a Court Appointed Receiver or a Trustee of jointly owned property pursuant to Section 66G of the Conveyancing Act 1919 No 6.