Submission: Bankruptcy Amendment (Enterprise Incentives) Bill 2017
Financial Rights Legal Centre and Consumer Action Law Centre made a joint submission to the Senate Legal and Constitutional Affairs Legislation Committee’s Inquiry into the Bankruptcy Amendment (Enterprise Incentives) Bill 2017.
This submission comments on:
- the proposal to reduce the default period of bankruptcy from 3 years to 1 year;
- ongoing obligations for bankrupts; and
- the impact of bankruptcy on credit reports.