Going bankrupt can be a difficult proposition for many Australians. Many Australians wish to avoid bankruptcy for different reasons. Some people feel ashamed or guilty that they cannot pay theirdebts. Whilst it is natural to feel this way, bankruptcy may be the only way you will be able to find the relief from debt you need.

To understand if voluntary bankruptcy is appropriate for you, consult with an expert in the field. We recommend that you only consult with people who have the appropriate experience and qualifications in bankruptcy. It is a complicated area and as such we recommend that you only consult with a Registered Trustee in Bankruptcy. At the Australian Bankruptcy Service we have a Registered Trustee on site who can help.

If you decide to file for bankruptcy on a voluntary basis, you will need to complete a bankruptcy application.The bankruptcy application will include:

• Statement of Affairs
• Debtors’ Petition

Once these forms are complete you will need to provide them to your Bankruptcy Trustee (if you wish to appoint a private trustee) or to AFSA (if you wish for the government to become your trustee).

The Australian Bankruptcy Service offers 2 simple options to help you register for bankruptcy, they are:

1. Assist you with completing the forms for a once off fee starting from $600; or
2. To be appointed as your Trustee of your estate for a fee starting from $80 per week (on a voluntary basis).

To understand our services further call our team of bankruptcy experts on 1800 462 767 and find out what is required to declare bankruptcy in Australia. Our toll free telephone line 24 hours everyday / 7 days a week on 1800 462 767.

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