The effects of entering bankruptcy will be different for different people. In this section the legal effects of going bankrupt on a person's property, income and rights are explained.
It is important to understand the effects of going bankrupt and as well as reading through this, you should seek specific advice about your own circumstances.
The content of the Law Handbook is made available as a public service for information purposes only and should not be relied upon as a substitute for legal advice. See Disclaimer for details. For free and confidential legal advice in South Australia call 1300 366 424.