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.
We embrace diversity and welcome all people, irrespective of culture, faith, sexual orientation and gender identity.
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Legal Services acknowledges Aboriginal people as the Traditional Owners and ongoing occupants of the lands and waters in South Australia and we respect their spiritual, cultural and heritage beliefs. We recognise their continuing connection to land, water and community and pay our deep respect to Elders past and present.
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