Where a person who is bankrupt in New Zealand and earning income in Australia, the Federal Court of Australia have ordered that contributions from the bankrupt’s Australian income are to…
News & other notices
The Insolvency and Trustee Service Annual Statistics and Debtor Profile Report for 2016-17 is now available.
Bankrupts need to keep enough money to look after themselves and their family, but it is also important that they contribute towards paying back the money that they owe.
The vast majority of you (over 92%) responded that you were satisfied or very satisfied with our service.
ITS has a new website. It is clearer, simpler and easier to use, especially for those using mobile phones to access the information.
Recently the Official Assignee has been successful in recovering property from bankrupts who live overseas.
The Insolvency and Trustee Service Annual Statistics and Debtor Profile Report for 2015/16 is now available.
The Ministry of Business, Innovation and Employment (MBIE) is considering how a bankrupt person’s retirement savings should be treated and whether those funds should be made available to repay creditors.