Personal Bankruptcy in Australia
A Bankrupt is listed for 3 year from the date the Bankrupt files a press release of Affairs, but the amount of Bankruptcy are often extended from 5 to eight years if a Bankrupt fails to fits their legal obligations. After the date of surcease of the Bankruptcy, the Bankrupt is listed as a “Discharged Bankrupt”. This record can remain the Bankruptcy Listing constantly.
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