Wickham · Compensation Law

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Top Wickham Compensation Law Questions

Common legal questions answered by Compensation Law lawyers.

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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
What is the difference between a sole trader and a company?

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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to the...

Q
What is the role of a building contract?

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A building contract outlines the terms, responsibilities, and obligations of each party involved in a construction project.;It helps ensure that both parties have clear expectations and provides legal recourse in case...

Q
How does bankruptcy affect credit rating?

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Bankruptcy significantly impacts your credit rating, making it difficult to obtain credit in the future.;The record of bankruptcy remains on your credit report for up to five years or longer in some cases.

Q
How can tenants dispute unfair rent increases?

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Tenants can apply to a tenancy tribunal or equivalent body to dispute the rent increase.;They should provide evidence that the increase is unreasonable compared to similar properties in the area.

Q
Can I claim for damages to my vehicle after a motor accident?

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You should notify your insurance company and provide evidence of the damage, such as photos and repair estimates.;Your insurer will assess the claim and either approve repairs or offer a settlement for the damages.

Q
How does superannuation affect taxation in Australia?

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Contributions to superannuation funds are generally taxed at a concessional rate, while withdrawals are taxed depending on the age and circumstances of the individual.;Tax-free withdrawals are possible under certain c...

Q
What insurance is required for construction projects?

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Construction projects typically require public liability insurance, workers' compensation insurance, and home warranty insurance.;These insurances protect builders and clients from financial loss due to accidents or d...

Q
How are shareholder rights protected under Australian law?

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Shareholder rights in Australia are protected by the Corporations Act 2001, which provides mechanisms for shareholders to vote on key issues and access company information.;Shareholders can also take legal action agai...

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