Victims of poor financial advice like Naomi Halpern have concerns about bankruptcy reforms. Photo: Wayne Taylor/Fairfax Media
Reforms put forward by the Turnbull government to make it easier for people to get out of bankruptcy may not help many people expected to benefit from the scheme, experts say.
Yet for some investors caught up in the collapse of financial institutions entering into bankruptcy might be one of the only options they feel they have left.
The collapse of managed investments schemes such as Timbercorp, Great Southern and Storm Financial left in their wake thousands of investors who had, sometim…
Read the full article at: http://www.smh.com.au/business/the-economy/wrinkle-in-bankruptcy-law-reform-20151223-gluaif.html