Wednesday, May 26, 2010

VOLUNTARY BANKRUPTCY


D. OVERSEAS TRAVEL: PART 1 OF 4.

CAN I LEAVE AUSTRALIA IF I BECOME BANKRUPT?

You can only leave Australia if you obtain your trustee's written permission before you leave.
Your trustee will need to be satisfied that you have legitimate reasons for the proposed travel eg.
-as a condition of your employment.
-for compassionate reasons.

Your trustee may impose conditions when giving permission such as:
-the period of travel.
-the date you are required to return to Australia.
-that any income contributions, compulsory sums from your income to repay your creditors that you have been assessed to pay are paid before you go.

No comments:

Post a Comment