O'Brien Palmer - Chartered Accountants and Insolvency Practitioners
left image

Personal Insolvency

spacer
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.
 Liability limited by a scheme approved under Professional Standards Legislation.