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BROKE: 66 declare bankruptcy on the Coast in 3 months – Whitsunday Times


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It was a grim December quarter for people in Mackay last year.Regional personal insolvency statistics December quarter 2016. Australian Financial Security Au

ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016.

Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors.

A further 13 in the Sunshine Coast hinterland were counted in the total number but it was not revealed which category they fit into.

The new figures released by Australian Financial Security Authority might seem high, but the number of debtors who entered a personal insolvency agreement in regional Queensland ac…

Read the full article at: http://m.whitsundaytimes.com.au/news/broke-66-declare-bankruptcy-on-the-coast-in-3-mont/3139724/

Category: BankruptcyBy Insolvency Advisory AccountantsFebruary 6, 2017

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BROKE: 66 declare bankruptcy on the Coast in 3 months – Whitsunday Times

ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016.

Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors.

A further 13 in the Sunshine Coast hinterland were counted in the total number but it was not revealed which category they fit into.

The new figures released by Australian Financial Security Authority might seem high, but the number of debtors who entered a personal insolvency agreement in regional Queensland actually fell by 8.8% during the December quarter.

The number of debtors in the Nambour-Pomona area was among the largest decrease…

Read the full article at: http://www.whitsundaytimes.com.au/news/broke-66-declare-bankruptcy-on-the-coast-in-3-mont/3139724/

Category: BankruptcyBy Insolvency Advisory AccountantsFebruary 5, 2017

Post navigation

PreviousPrevious post:BROKE: 66 declare bankruptcy on the Coast in 3 months – Chinchilla NewsNextNext post:BROKE: 66 declare bankruptcy on the Coast in 3 months – The Queensland Times

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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