What happens now?

While you're bankrupt you will need to keep your trustee informed of changes to your details.

Examples may include:

  1. name
  2. address (residential or postal)
  3. phone number
  4. email address
  5. income or employment
  6. number of dependants
  7. or if you receive any extra money or assets that doesn’t form part of your ordinary income.

Travelling overseas while bankrupt

If you're travelling, or moving overseas you must seek approval from your trustee. Contact your trustee to apply for permission. Your trustee may charge a fee to process your application.

You do not need to seek approval for travel within Australia or to Australian islands and territories (e.g. Norfolk or Christmas island).

After your bankruptcy

When your bankruptcy ends, most of your debts are released[?] and you no longer need to pay them. However, there may be some debts that you still need to pay.

For more information see:  What happens to my debts when I'm bankrupt?

Your name continues to appear on the National Personal Insolvency Index (NPII)[?], showing your bankruptcy has ended.

When your bankruptcy ends, you can request a discharge letter from us confirming this by completing the End of bankruptcy enquiry form.

For more information see:  What happens to my debts

Your name will continues to appear on the National Personal Insolvency Index (NPII), and will show that your bankruptcy has ended.

Can you apply for credit?

There’s no restriction on applying for credit after your bankruptcy ends. It’s up to the credit provider to decide if they will lend you money.

You can request a discharge letter from us confirming your bankruptcy has ended by completing the End of bankruptcy form.