Understanding bankruptcy and its consequences in Australia

Të cïn nɛŋ dhɛɛn, ku ca nhom cin wɛu bɛ̈r yin ka ke pïïr lëu, ke yeŋo lëu ba looïï?

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Key Points

• Bankruptcy lasts for three years but the consequences can last much longer.
• Bankruptcy won’t release you from all your debts.
• Always seek the advice of a financial counsellor.