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What is bankruptcy? [1%]: Bankruptcy is a way of dealing with debts you cannot pay. Becoming bankrupt is a very difficult decision and it should only be viewed as a last resort. While ...
How do I apply for bankruptcy? [1%]: Debtors that have decided to file for bankruptcy will be required to complete and submit a Statement of Affairs and application for bankruptcy to the Official ...
What is the No Asset Procedure (NAP)? [1%]: The No Asset Procedure presents debtors experiencing financial difficulty and who meet certain criteria with an alternative to the standard form of bankruptcy.
How do I apply for a No Asset Procedure? [1%]: Debtors who would like to apply for a No Asset Procedure are required to complete and submit a Statement of Affairs and application for entry, to the Official ...
Learn about Summary Instalment Orders [1%]: People experiencing financial difficulty have a number of options available to them. One option is to apply for a Summary Instalment Order (SIO) which allows ...
How do I apply for a Summary Instalment Order? [1%]: To apply for a Summary Instalment Order, you will need to provide the Official Assignee with certain information about your affairs and outline how you propose ...
What is voluntary administration? [1%]: The Insolvency Law Reform Bill (the Bill) introduced a new insolvency regime and the process of ‘voluntary administration’ as a new business rehabilitation ...