Submission: Bankruptcy Amendment (Enterprise Incentives) Bill 2017 - Consumer Action Law Centre

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5 Feb 2018

Submission: Bankruptcy Amendment (Enterprise Incentives) Bill 2017

Bankruptcy, Debt Agreements and Insolvency, Credit Reporting, Debt, Submission

Financial Rights Legal Centre and Consumer Action Law Centre made a joint submission to the Senate Legal and Constitutional Affairs Legislation Committee’s Inquiry into the Bankruptcy Amendment (Enterprise Incentives) Bill 2017.

This submission comments on:

the proposal to reduce the default period of bankruptcy from 3 years to 1 year;
ongoing obligations for bankrupts; and
the impact of bankruptcy on credit reports.

Read the full submission here [PDF].

180131_BankruptcyAmendmentEnterpriseIncentivesBill_Sub_FINAL