How Long Does Bankruptcy Last?
How long does bankruptcy last? According to the Australian Financial Security Authority, the length of your bankruptcy will depend on your specific situation.
What Is Bankruptcy?
Bankruptcy is the legal procedure when you’re declared incapable of paying your debts. It can release you from most debts, however, not all.
What Debts Are Included In Bankruptcy?
Here’s a glance at some of the different types of debt you may have accrued and how they will generally be treated when declaring for bankruptcy.