Joint submission by Financial Rights, Consumer Action Law Centre and Financial Counselling Australia to the Australian Attorney-General’s Department on the bankruptcy system and the impacts of coronavirus – Discussion Paper. The submission focuses on the default period in bankruptcy and debt agreements and other proposed reforms including: Protecting TPD insurance payments and savings during bankruptcy, accountability of private trustees and trustee fees, AFCA determinations, limiting the trustees’ power to sell property after discharge, mortgage debt relief options, financial counselling at the Federal Circuit Court and the repeal of section 271 – Gambling or hazardous speculations.
