Lots of people assume that bankruptcy will clear all debts, but unfortunately this is not the case. Some debts like child support payments are not provable in bankruptcy which means if you declare bankruptcy, you will continue to be liable to pay these amounts. In a practical sense, what this means is that if child support makes up a large part of your debts, then bankruptcy may not be your best option. Bankruptcy laws are complicated and you should always speak to a bankruptcy expert who will understand the difference between provable and non-provable debts. Please read our related post on provable debts in bankruptcy.

If you would prefer to talk to an expert about your specific situation, then call the Australian Bankruptcy Service toll free on 1800 462 767. Our toll free telephone line is open 24 hours everyday / 7 days a week.

All calls are free, entirely confidential and if required, anonymous.