Bankrupt Auckland builder, Li Dong Xie, has been sentenced to three years and four months in prison for multiple breaches of the Insolvency Act.

If you're bankrupt it's your responsibility to file your tax returns but any resulting refund will be paid to the Official Assignee.

A former Christchurch real estate agent has pleaded guilty to 12 charges under the Insolvency Act, including managing a business while bankrupt, concealing property and obtaining credit without the consent...