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What are the personal impacts of going bankrupt

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Reference no: EM132359052

Assignment -

Choose one of these topics for presentations. You are to choose a letter and place it in your voting slip, include your name. Your teacher will announce the order which the talks will take place. Maximum 4 minutes per talk.

You are awarded higher marks based on The fact that you did not read from a paper or from the powerpoint slides(these should only show headings and not details, and you are limited to read off the headings only). Powerpoint presentation is purely optional; you can present by a speech as well.

You are given feedback from both the students and the teacher, immediately at the end of your presentation. That feedback is given in an honest and sincere manner, so you should learn from t; particularly for your second presentation.

A. Trustee in bankruptcy, and his powers & obligations

B. Concerns of the creditors in a bankruptcy

C. Inspector General and his body called AFSA

D. Pari Passu and the priority of debts of the bankrupt

E. Purposes of bankruptcy law

F. Voluntary bankruptcy versus involuntary bankruptcy

G. Vesting of property from the bankrupt to the trustee

H. Definition of a person who is insolvent

I. Ending a bankruptcy, discharge or annulment

J. Doctrine of relation back

K. A bankruptcy notice: its purpose and who prepares it etc.

L. An act of bankruptcy

M. Matters to advise someone in the debtor's position

N. Explain the implications of the findings of the case "Crema Pty LTd vs. Land Mark Property Developments Pty Ltd"

O. National Personal Insolvency Index

P. Official Trustee & Official Receiver in Bankruptcy

Q. Registering as a trustee in bankruptcy

R. Remuneration and costs & disbursements of trustees in bankruptcy.

S. Liabilities on a trustee, including any limitations on their personal liability

T. Compulsory bankruptcy: who initiates it and how is it initiated

U. Indicators of insolvency using the ASIC information sheet 42

V. Sequestration of the debtor's assets

W. What happens to the property of the bankrupt?

X. Bankruptcy law in the 19th century (England) and the sanctions imposed by the courts

Y. What are the personal impacts of going bankrupt?

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The present solution is based on the concept of bankruptcy, which is an option (F) in the given instruction file. The solution comprises of more than 875 words and is prepared in the Microsoft office word document file. All the contents present are unique and is free from any type of plagiarism. The references used in this context are given at the end section of the solution in APA format. All other important criteria were covered in this assignment.

Reference no: EM132359052

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