Skippy posing in the garden on a chilly morning, Auckland, New Zealand.
Friday, October 2, 2009
Entitlement of a Bankrupt in New Zealand (ruling, law, finance, restrictions)
Some interesting information for being a bankrupt in New Zealand:* Have his affairs controlled by the Official Assignee.
* Only be allowed to keep the tools of his trade, a car worth $5000 and $1000 in cash.
* Not be allowed to travel without the OA's permission.
* Not be permitted to run a business or be a director of a company.
* Have the same status as a bankrupt in Australia.
Sunday, September 13, 2009
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