by Mitch | Mar 9, 2015 | Bankruptcy, Expert Article, liquidation, Newsletter, SMSF |
Under bankruptcy, superannuation is usually a protected asset. It falls under the category of ‘non-divisible’ property. If the superannuation fund is complying and regulated, the bankrupt can keep: Most balances he/she receives on or after the bankruptcy date...
by Mitch | Feb 12, 2015 | Blog |
The Australian Financial Security Authority (AFSA) released regional personal insolvency statistics for the December quarter 2014. New South Wales The regions with the highest number of debtors in the December quarter 2014 in New South Wales were: Wyong (87 debtors)...
by Mitch | Dec 15, 2014 | Accounting, Asset Management, Bankruptcy, Blog, Expert Article, Newsletter |
Would you let a surgeon operate on you without knowing they had a medical degree? Would you let a builder construct your house without knowing they had a builders licence? We’re guessing your answer is “No”. It might work out fine, but why take the risk when you can...