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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.

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Bankruptcy can halt debt recovery efforts and result in the discharge of certain debts.;However, secured creditors may still recover their collateral despite bankruptcy proceedings.

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Debts can be disputed by responding to the creditor with evidence that the debt is incorrect or not owed.;If the dispute is unresolved, it can be taken to the relevant ombudsman or tribunal for a decision.

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Remedies for breach of contract include damages, specific performance, rescission, and restitution.;The appropriate remedy depends on the nature of the breach and the terms of the contract.

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Stamp duty is a tax paid on property transactions in Australia, calculated based on the property's purchase price or market value, whichever is higher.;Rates vary by state and territory, with exemptions and concession...

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No-win, no-fee agreements allow clients to engage legal representation without upfront costs, paying only if the case is successful.;This arrangement makes legal services more accessible to those who may not afford to...

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Aboriginal Law significantly affects land rights through recognition of native title and traditional land ownership.;It provides a legal framework for Aboriginal people to claim land based on their historical connecti...

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Arbitration involves a binding decision by an arbitrator, while mediation seeks a mutually agreed resolution facilitated by a mediator.;Mediation is usually less formal and focuses on negotiation and settlement.

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The Goods and Services Tax (GST) in Australia is a 10% tax on most goods and services sold or consumed, with some exemptions.;Businesses must register for GST if their annual turnover exceeds the threshold, and they c...

Ask a Cryptocurrency Law lawyer in Kilburn

A bankruptcy trustee is responsible for managing your bankruptcy, including selling assets and distributing proceeds to creditors.;The trustee also investigates your financial affairs and ensures compliance with bankr...