AFSA (The Australian Financial Security Authority) is the Federal Government agency which is responsible for maintaining a bankruptcy registry and information service. The AFSA Bankruptcy Registry has many functions such as:

• Bankruptcy applications
• Bankruptcy list
• Phone support for debtors

 

Bankruptcy applications

AFSA processes all bankruptcy applications. If you have completed a debtor’s petition, AFSA will accept the application for processing and will review your completed Statement of Affairs. If the Statement of Affairs is incomplete in any way AFSA may refuse to process it.

Once the Statement of Affairs and Debtor’s Petition has been processed by AFSA, the registry will issue your nominated Trustee with a certificate of appointment. The certificate of appointment will include the date of your bankruptcy and your bankruptcy administration number.

Bankruptcy list

The AFSA information and registry maintains and updates a bankruptcy register or list. This bankruptcy register or bankruptcy list is formally known as the National Personal Insolvency Index (NPII). The NPII is updated every-time a person enters into the formal insolvency regime, including the following appointments:

• Bankruptcy – debtor’s petition
• Bankruptcy – creditor’s petition
• Debt Agreement
• Personal Insolvency Agreement

The NPII listing includes your name, date of appointment and the type of administration. The NPII listing is maintained forever and your details will not be removed unless if the administration is successfully completed.

Phone support for debtors

AFSA provides an information registry to the public. AFSA provides a free telephone service on 1300 364 785. AFSA also has an extensive web site www.itsa.gov.au which provides a wealth of information on the personal insolvency regime. You can also contact AFSA by email at info@afsa.gov.au

Call the Australian Bankruptcy Service today on 1800 462 767 if you would like to learn more about AFSA’s role in the Australian Bankruptcy Regime.