Short, Simple and Interesting FAQs
The purpose of the Australian Financial Security Authority (AFSA) is to maintain confidence in Australia’s personal insolvency and personal property securities …
To contact the Australian Financial Security Authority (AFSA) in Australia, you can use the following methods: Online Contact Form: Visit the AFSA website at www.afsa.gov.au. Navigate to the “Contact us” or “Get in touch” section, which is usually located in the website’s footer or under the “About us” tab. Look for an online contact form … Read more
If you need to make a complaint to AFSA (Australian Financial Security Authority) in Australia, you can do so through their official complaint handling process. Here are the steps to make a complaint to AFSA: Contact AFSA: Start by contacting AFSA to initiate the complaint process. You can do this in several ways: Online: Visit … Read more
AFSA (Australian Financial Security Authority) is the government agency responsible for overseeing and administering the personal insolvency system in Australia, which includes bankruptcy and debt agreement administration. Trustees play a crucial role within AFSA’s operations, and their duties primarily revolve around managing the affairs of individuals who are declared bankrupt or who enter into debt … Read more
Yes, it is possible for your credit to recover after bankruptcy, although the process may take time and effort. Bankruptcy does have a significant negative impact on your credit score, but with responsible financial behavior and a structured approach to rebuilding your credit, you can gradually improve your creditworthiness. Here are some steps to help … Read more
In Australia, there is a commonly held misconception that debts automatically disappear after 7 years. However, this is not entirely accurate. While there is a statute of limitations that may limit a creditor’s ability to take legal action to recover a debt after a certain period of time, the debt itself does not automatically vanish … Read more
In Australia, you can check your insolvency status through the National Personal Insolvency Index (NPII), which is a publicly accessible database that maintains records of individuals’ personal insolvency proceedings, including bankruptcies and debt agreements. Here’s how you can check your insolvency status: Visit the Australian Financial Security Authority (AFSA) Website: AFSA is the government agency … Read more
If you have a complaint about a company in Australia, you can take several steps to address the issue and seek a resolution. Here’s a general guideline on how to complain about a company in Australia: Contact the Company Directly: Start by contacting the company’s customer service department or support team through their official contact … Read more
In Australia, the duration of bankruptcy typically lasts for 3 years and 1 day, as per the Bankruptcy Act 1966. This applies to both voluntary bankruptcy (when you voluntarily file for bankruptcy) and involuntary bankruptcy (when a creditor applies to the court to make you bankrupt). The bankruptcy period begins one day after filing your … Read more