Affects of being declared bankrupt in Australia

Close up of cut pieces of credit card

Source: OJO Images RF

The number of Australians in financial distress is on the rise prompting warnings of more personal bankruptcies as the national economy slows down.


Going bankrupt or being declared bankrupt by a creditor -who is owed money that can’t be repaid- is a serious matter and has legal consequences.

Click on the link below to read the news summary in Nepali language.

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Affects of being declared bankrupt in Australia | SBS Nepali