An Auckland accountant has been sentenced to three years imprisonment for seven bankruptcy offences, including hiding assets from the Official Assignee through the use of circular shareholding.
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Latest Insolvency and Trustee Services (ITS) statistics show that bankruptcy numbers hit an 18 year low in 2018, due to the introduction of alternate insolvency options.
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Wellington debtor Tony Knight has been sentenced for seven offences under the Insolvency Act, including misleading the Official Assignee (OA) and incurring debt while bankrupt.
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The Insolvency and Trustee Service will be closed from 3pm on Monday, 24th December 2018 until 8.30am on Thursday, 3rd January 2019.
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The Ministry of Business, Innovation and Employment (MBIE) is investigating complaints made in relation to Gordon Paul Bayne, aka Paul Bayne.
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The Insolvency and Trustee Service Annual Statistics and Debtor Profile Report for 2017-18 is now available.
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Bankrupt Auckland builder, Li Dong Xie, has been sentenced to three years and four months in prison for multiple breaches of the Insolvency Act.
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If you're bankrupt it's your responsibility to file your tax returns but any resulting refund will be paid to the Official Assignee.
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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…
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