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Legal Point News & Articles

How to make someone bankrupt in Australia

In January 2021, the Australian government amended the Commonwealth bankruptcy regulations to adjust the threshold for triggering bankruptcy from $20,000.00 to $10,000.00. Therefore, if someone owes you or your business $10,000.00 or more, then you may be eligible to apply to the courts to make them bankrupt. This article will explore the consequences of bankruptcy

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The meaning of due diligence in the context of purchasing a business
2 Nov, 2021

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