Court says Body Corporates can claim Legal Fees in Recovering Levies
What do you do when a lot owner stops paying their levies or contributions? What do you do if those lot owners become bankrupt or
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What do you do when a lot owner stops paying their levies or contributions? What do you do if those lot owners become bankrupt or
While building disputes are not uncommon, most could have been avoided or resolved early on had there been a lawyer involved. However, many contractors,
Brisbane Boss Lawyers has been ranked 16th in 2014 as a top 50 Australian law firm. Mr Harley was honoured to be listed in the
Happy Birthday, Boss Lawyers. Boss Lawyers celebrates its 1st Birthday today. The firm has experienced exceptional growth over the last 12 months. Managing Partner, Mr
What Happens to a Personal Guarantee in Bankruptcy?by Mark Harley Posts Tagged ‘personal bankruptcy’ What Happens to a Personal Guarantee in Bankruptcy?by Mark Harley 24
What is Unfair dismissal? Unfair dismissal is when an employee is dismissed from their job in a harsh, unjust or unreasonable manner. The Fair Work
What Is a Personal Guarantee?
A personal guarantee is a promise or agreement to make yourself personally liable for a debt. For example, if you personally guarantee the debts of your business, your lender can pursue the assets owned by the business as well as your personal assets if your business defaults on the loan. If your business cannot afford to pay the loan and it does not have enough assets to pay back the loan you guaranteed, the creditor can sue you to collect the balance.
BCIPA reforms are on the agenda
The Queensland government has approved wide-ranging reforms to the Building and Construction Industry Payments Act 2004 (Qld) (BCIPA).
What is defamation?
Defamation occurs where one person communicates, by words, photographs, video, internet, illustrations or other means, material which has the effect or tendency of damaging the reputation of another. You must demonstrate that the defamation:
At any time before a bankrupt is discharged from bankruptcy, the trustee may file a written objection to discharge bankruptcy to extend the bankruptcy period.
Bankruptcy is a process where people who cannot pay their debts give up their assets and control of their finances, either by agreement or court order, in exchange for protection from legal action by their creditors.
Background to PPSA
The Personal Property Securities Act, commonly called the PPSA, now regulates personal property security interests in Australia. Before its implementation in 2009 there were over 70 pieces of legislation throughout the federal and state governments which determined the rights of creditors and debtors. The myriad of legislation led to inconsistencies between the states as to how security interests would be created and enforced.
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