This article explores the issue of income of bankrupts from the historical, theoretical and legislative viewpoints. After setting out the foundation for our present law, the article reviews the current statistics on the use of the existing legislative income contribution regime and analyses the jurisprudence which has made the notion of after-acquired income - and the ability of bankrupts to invest it - opaque. The article then canvasses the 'can pay, should pay' notion of income contributions by bankrupts together with the current debate on 'making them pay'.
Details
Title
After-Acquired Income and Contributions by Australian Bankrupts: Can Pay, Should Pay, Making Them Pay!
Creators
Mark N Wellard (Author) - Queensland University of Technology
Christopher Symes (Author) - Univ Adelaide, Adelaide Law School, Bankruptcy & Insolvency Law Scholarship Res Unit, Adelaide, SA, Australia
Publication Details
QUT law review, Vol.14(3), pp.53-78
Publisher
Queensland University of Technology
Number of pages
26
Identifiers
991013227009802368
Academic Unit
Faculty of Business, Law and Arts
Language
English
Resource Type
Journal article
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Details
After-Acquired Income and Contributions by Australian Bankrupts