Insolvency Series Ep2 - Bankruptcy 101

Continuing our Insolvency law mini-series, Lucas Nacif and James Hoile break down the personal bankruptcy process end to end.

The discussion takes listeners through the debt threshold, how the process gets started, what to expect at court, and the practical consequences once someone is made bankrupt. It also explores the trustee's role in managing the bankruptcy estate, how and when someone is discharged from bankruptcy, and how a bankruptcy order can be annulled.