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Top Bellamack Debt & Bankruptcy Questions

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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 are the remedies for breach of contract?

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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.

Q
How is child custody determined in Australian family law?

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Child custody in Australia is determined based on the best interests of the child, considering factors like the child's needs, the parents' ability to provide care, and any history of family violence.;Courts aim to en...

Q
What are the consequences of tax evasion in Australia?

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Tax evasion in Australia can lead to severe penalties, including fines, interest on unpaid taxes, and imprisonment for serious offences.;The ATO conducts audits and investigations to detect and prevent tax evasion, an...

Q
What are the tax benefits of salary sacrificing in Australia?

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Salary sacrificing allows employees to allocate a portion of their pre-tax income to benefits like superannuation, reducing their taxable income.;Common benefits include additional superannuation contributions, car le...

Q
What compensation can be claimed for medical negligence?

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Compensation for medical negligence can cover medical expenses, lost wages, pain and suffering, and future care costs.;In some cases, compensation for loss of enjoyment of life and psychological harm may also be awarded.

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