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Protected assets typically include household goods, tools of trade, and a limited amount of equity in your home.;Certain personal items and a vehicle with limited value may also be protected from seizure.
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Common legal questions answered by Debt Recovery lawyers.
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Protected assets typically include household goods, tools of trade, and a limited amount of equity in your home.;Certain personal items and a vehicle with limited value may also be protected from seizure.
Ask a Debt Recovery lawyer in Newington
You can travel overseas while bankrupt, but you must obtain written permission from your trustee.;Failing to get permission can result in penalties, including extending your bankruptcy period.
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Capital gains tax in Australia is calculated based on the profit from the sale of an asset, with discounts available for assets held longer than 12 months.;Individuals must report capital gains in their tax returns, a...
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If your legal aid application is denied, you can request a review of the decision or seek assistance from community legal centers.;You may also consider seeking pro bono legal assistance if your application for legal...
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A franchisor's obligations include providing a disclosure document, ensuring the franchisee receives training and support, and adhering to the franchise agreement.;They must also comply with the Franchising Code of Co...
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A written contract provides clear evidence of the terms agreed upon and can help prevent misunderstandings.;It is also easier to enforce a written contract in court compared to a verbal agreement.
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To file a civil lawsuit in Australia, you must first prepare and file a statement of claim with the relevant court, detailing the facts and legal basis of your claim.;After filing, the defendant must be served with th...
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Common defenses include arguing that the provider's actions were in line with accepted medical practice or that the injury was unavoidable.;Another defense may be contributory negligence, where the patient's own actio...
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In Australia, the legal ground for divorce is the irretrievable breakdown of the marriage, evidenced by 12 months of separation.;No-fault divorce is practiced, meaning that neither spouse has to prove wrongdoing by th...
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The notarization process typically takes a few minutes to an hour, depending on the document type and the notary's schedule.;For more complex documents or bulk notarization, the process may take longer, so it's advisa...
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