Lyons · Compensation Law

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Top Lyons Compensation Law Questions

Common legal questions answered by Compensation Law lawyers.

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Q
How are interest rates regulated for loans in Australia?

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In Australia, the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) oversee the regulation of interest rates for loans.;Banks and financial institutions also have their own inte...

Q
Compensation for Stolen Curtains from Rental Property - NSW

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Under Australian consumer law, landlords have rights to reasonable care of their property. The agency's failure to prevent the theft constitutes a breach of their duty of care. You may claim compensation for the cost...

Q
Can I travel overseas if I am bankrupt?

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You can travel overseas while bankrupt, but you must obtain written permission from your trustee.;Failing to get permission can result in penalties, including extending your bankruptcy period.

Q
How can disputes be resolved in construction?

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Disputes in construction can be resolved through negotiation, mediation, arbitration, or litigation.;The choice of method often depends on the severity of the dispute and the terms of the contract.

Q
What are the consequences of bankruptcy?

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Consequences of bankruptcy include loss of assets, impact on credit rating, and restrictions on obtaining credit.;You may also face limitations on running a business and certain travel restrictions.

Q
What is the legal process for debt recovery in Australia?

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The legal process for debt recovery in Australia typically involves sending a letter of demand, filing a claim in court, and obtaining a judgment.;Once a judgment is obtained, creditors can enforce it through various...

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