Cool Small Business Bankruptcies References. The federal government recently announced new legislation, which includes some of the most significant changes to the insolvency space in three decades. The bankrupt person is ‘discharged’ at the end of the bankruptcy period.
The restructuring process allows eligible companies to: The federal government recently announced new legislation, which includes some of the most significant changes to the insolvency space in three decades. These measures only apply to eligible incorporated small businesses with liabilities of less than $1 million.
