Matthew Moore
Registered User
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- 286
I'm confused.
I think it's clear anyone currently bankrupt has to serve 18 months.
However, if someone has completed 18 months how long before they are discharged?
Immediate, 3 months or 6 months?
It'll be interesting to get a look at the bill. Can't understand the reasoning behind the 18 months discharge for current bankrupts, it's paticularity nasty for anybody who was adjudicated bankrupt yesterday. Hope the media reports are wrong. There's some other areas I'm not entirely happy with if the reports are true [broken link removed]
It'll be interesting to get a look at the bill. Can't understand the reasoning behind the 18 months discharge for current bankrupts, it's paticularity nasty for anybody who was adjudicated bankrupt yesterday. Hope the media reports are wrong. There's some other areas I'm not entirely happy with if the reports are true [broken link removed]
Pat,
Very disappointing this hasn't been qualified.
I've completed 18 months but now don't know if I will be discharged immediately it becomes law, 3 months after this (Penrose original bill) or 6 months after it.
I am assuming the 18 months was on request from ISI so they don't have a slew of discharges to handle all at once and can stagger the process.
I haven't seen anything in the media however I'm sure I heard Ivan Yates state that Willie Penrose's bill was enacted yesterday.I have a real fear of the following creeping into the imminent legislation.
18 months for existing bankrupts and a further 6 months transition.
Reports are quoting both but my fear is they are not mutually exclusive and existing bankrupts may in fact be facing 24 months which would be shockingly unfair.
Can everyone affected contact a rep asap to seek clarification?
I haven't seen anything in the media however I'm sure I heard Ivan Yates state that Willie Penrose's bill was enacted yesterday.
I was adjudicated bankrupt in April 2014 and according to my advisor - anybody who has served min 18 months when the Bill is passed, will be automatically discharged. I am hoping he is right but I am still doubtful (He has been wrong in the past)
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