Serving a Bankruptcy Notice – Get it done right

A Bankruptcy Notice could be served in a variety of ways under regulation 16.01 of the Bankruptcy Regulations including the now antiquated method of being "sent by facsimile ...". Well, regulation 16.01 has moved address to now be known as regulation 102 which now identifies the methods of service as follows: Service of documents [...]

By |2021-08-17T11:06:40+10:00August 17th, 2021|Debt Recovery, Insolvency, Uncategorized|0 Comments

Creditor’s Statutory Demand

The minimum amount for the issue of a Creditor's Statutory Demand will soon be increasing from $2,000 to $4,000. The COVID19 pandemic amendments lifted the minimum to $20,000 before returning it to $2,000. With the minimum amount to issue a Bankruptcy Notice rising to $10,000, raising the CSD limit to only $4,000 seems disproportionate. [...]

By |2021-06-24T12:19:20+10:00June 23rd, 2021|Commercial Litigation, Insolvency|0 Comments
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