While the majority of those who declare bankruptcy do so voluntarily, a significant proportion are forced into … bankruptcy as a result of legal action. This paper interrogates data obtained from the Australian Financial Security Authority to … venture or a managerial or professional occupation – meaning that they are more likely to resist bankruptcy until they are …

This article presents the results of the first empirical study focused on older Australians in bankruptcy. Our study … — based on the examination of a large and unique dataset obtained by the authors from the bankruptcy regulator — provides a … most significant causes of bankruptcy for older Australians as well as some possible explanations for their financial …

Bankruptcy has always been a source of significant stigma. The first Elizabethan statutes regarded bankruptcy as a … recognised that bankruptcy serves important economic objectives, by encouraging entrepreneurial risk-taking and offering …. The early laws of the Australian colonies took a similarly pragmatic approach, and the current federal Bankruptcy Act 1966 …

Bankruptcy is widely regarded as a means of rehabilitation for debtors in severe financial hardship. To date, however … demonstrate that, for many Australian debtors, bankruptcy results in genuine improvements to financial stability, health …, relationships and general well-being. At the same time, they suggest that the outcomes of bankruptcy can vary significantly …

This paper examines recent trends in Australian personal bankruptcy by analysing a large data set obtained from the … regulator, the Australian Financial Security Authority. It demonstrates a marked decline in Australian bankruptcy rates, since a … to consumer spending. These findings represent a significant contribution to Australian empirical bankruptcy research …

Under the Bankruptcy Act 1966 (CTH), there are three regulated forms of personal insolvency: bankruptcy, debt …

Recent scholarship has identified a shift in the demographic profile of Australians declaring bankruptcy. In the … context of a marked increase in overall rates of personal insolvency, bankruptcy has become increasingly prevalent among …. The results demonstrate that, for many such people, bankruptcy offers tangible benefits, including relief from debtor …