Bankruptcy and debt law includes the law that govern bankruptcy and debt as well as the rights and responsibilities of bankrupts, debt collectors and the Australian Financial Security Authority (AFSA), including the Bankruptcy Act, bankruptcy regulations and debt collection laws.
If you are owed money or are looking to loan money to a person or business, then you may need a bankruptcy and debt lawyer to prepare an enforceable secured loan agreement so that you are protected in the event of a payment default, and also to help you with effective and legal debt recovery actions, from advising on your rights and responsibilities as a creditor, to sending a solid letter of demand and other debt collection options.
Bankruptcy and debt lawyers can help you deal with your personal debt and business debts that you are unable to repay. LawTap bankruptcy and debt lawyers can give you legal advice on the advantages of declaring bankruptcy (such as stopping debt collectors) as well as the risks and potential consequences of bankruptcy (such a negative impact on your credit rating and your ability to act as a company director), your options for debt consolidation and help you negotiate with creditors (people you owe money to), such as refinancing your mortgage with a bank.
Having a bankruptcy and debt lawyer explain the best options for you will help you make well-informed legal decisions.
Book with the best bankruptcy and debt lawyer for you 24 hours a day, 7 days a week on LawTap.