Debtor Guide - Bankruptcy

Your trustee may decide that you complete a course for financial education. This would only be the case if, in the opinion of your trustee, it would be appropriate for you and any of the following reasons applied:

• you have been awarded more than one bankruptcy within the five year period
• you were granted a protected trust deed within the five year period prior to being awarded bankruptcy
• you participated in the Debt Arrangement Scheme within five years prior to being awarded bankruptcy
• you are subject to, or under investigation with a view to, an application being made for a bankruptcy restriction order
• the trustee considers the pattern of your behaviour, whether before or after the award of bankruptcy, is such that you would benefit from a financial education course
• you agree to complete a financial education course