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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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An arbitrator should have expertise in the relevant field of dispute and training in arbitration procedures.;They should also possess strong analytical and impartial decision-making skills.

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Capital gains tax in Australia is calculated based on the profit from the sale of an asset, with discounts available for assets held longer than 12 months.;Individuals must report capital gains in their tax returns, a...

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To register a business name, you need to apply through the Australian Securities and Investments Commission (ASIC) website.;You will need an ABN to register a business name, and the name must not be identical to an ex...

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The cooling-off period in real estate transactions varies by state but typically lasts between 2 to 5 business days, allowing the buyer to withdraw from the contract.;Conditions of the cooling-off period, including an...

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Legal aid is available for some immigration matters, such as refugee claims and appeals, but eligibility criteria must be met.;You should contact your local legal aid office to determine if your specific immigration i...

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The primary regulations include the Customs Act 1901, Export Control Act 1982, and various free trade agreements Australia has signed.;Businesses must also comply with the Biosecurity Act 2015 and the Imported Food Co...

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Tenants can send a formal request for repairs and, if ignored, apply to a tribunal for orders.;In some cases, tenants may also be able to undertake repairs themselves and deduct the cost from the rent.

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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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Parents in Australia are legally required to provide financial support for their children, with child support calculated based on income and the needs of the child.;The Department of Human Services oversees the child...