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Government to introduce lodgment fee

It is anticipated that commencing 1 October 2010 consumers seeking debt relief under Part IX of the Bankruptcy Act will be required to pay a fee to lodge the required documents.
This fee will no doubt add to the hardship already being endured by those consumers in financial distress.

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The Administrator

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The Appointed Administrator MUST:
Meet the basic eligibility test of ITSA.
Hold qualifications as prescribed in Bankruptcy Regulations
Be currently registered as a Debt Agreement Administrator.
Place all of your contribution monies into a separate account for distribution to your creditors.
Provide you with information concerning your account at any time upon reasonable request.
Keep creditors informed as to the progress [...]

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