Essential Skills: Bankruptcy
Public examinations & investigations

A trustee has a statutory duty to identify divisible assets and voidable transactions which may be realised for the benefit of creditors of the estate.

Investigating a bankrupt’s examinable affairs includes seeking information from the bankrupt, related parties and others.

However, many bankrupts don’t co-operate with their trustee, making it difficult for the trustee to obtain the necessary information to discharge their duties.

Fortunately, the Bankruptcy Act provides tools to assist trustees in carrying out their investigations, especially where parties are reluctant to provide information.

This course covers the basics of investigating a bankrupt’s examinable affairs, including consideration of the public examination provisions of the Act and the use of section 77AA, 77A and 77C notices. Section 305 funding applications will also be considered.

Learning objectives

At the end of this course you will be able to:

  • Understand a trustee’s duties in investigating a bankrupt’s examinable affairs.
  • Identify and utilise different sources of information available to a trustee.
  • Apply the acquired knowledge of the tools and legal provisions available to a trustee under the Bankruptcy Act 1966 to effectively employ strategies for obtaining relevant information.

Course delivery

On-demand via ARITA Learning Centre

Cost

Individuals

$150 (GST incl.) for ARITA members and subscribers / Government
$250 (GST incl.) for non-members

Licensing packages

Flexible packages are available to suit firms of all sizes. You can purchase the entire suite of courses or specific subject areas. More information

CPE

Up to 1.2 verifiable CPE hours.

Prerequisites

We recommend you complete the Introduction to Insolvency Program or have one year of on-the-job experience prior to registering for this course.

Questions?

Contact our education team.

Please see our enrolment and cancellation policy .

See our full range of on-demand courses or find out more about our Essential Skills courses.

 

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Essential Skills Bankruptcy: Public exams & investigations

This course covers the basics of investigating a bankrupt’s examinable affairs, including consideration of the public examination provisions of the Act and the use of section 77AA, 77A and 77C notices. Section 305 funding applications will also be considered.

Registration
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