Frequently Asked Questions

Who will know I am bankrupt?

Your creditors, bank, accountant, and solicitor will be notified of your bankruptcy. This will not be advertised in the paper. It will however, be shown on your credit record for the period of your bankruptcy, as well as an additional two years. The Australian Financial Security Authority (AFSA) keeps a record of all persons who become bankrupt in Australia. Members of the public can pay a fee to search AFSA’s records for a person’s name.

If you would like to discuss this and how it would work for you, we are here to help. If you have any questions please give us a call on 1300 764 197 or email hello@understandingbankruptcy.com.au

Further Reading: We recommend our article 'What Is Bankruptcy? How Does It Work?' and 'Is my bankruptcy advertised in the paper?'.

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