Credit Counsellors Australasia

By enactment of the Bankruptcy Legislation Amendment (Debt Agreements) Act 2007 and accompanied by regulations effective 1 July 2007, most if not all of the objectives as they relate to debt agreement administrators were implemented and in respect of those amendments the following discussion is offered:
Basic eligibility test
The test is one of ineligibility rather than [...]

Improvements to the operation of debt agreements under Part IX where mooted in the Bankruptcy Legislation Amendment (Debt Agreement) Bill 2007, Explanatory Memorandum, stating the objects of the Bill as to:
(a) provide for enhanced regulation of debt agreement administrators;
(b) specify the duties of a debt agreement administrator;
(c) encourage creditors to make decisions based on the [...]