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Yes, you can. Bankruptcy is not a reason for disqualification for accumulating a HECS debt. Additionally, your HECS debt will not become void if you were to declare bankruptcy whilst having a HECS debt.
Call 1800 020 108 if you need confirmation of my answer. They will tell you the same thing.
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∙ 11y ago
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You owe about 45k on credit card debt and the debt relief agency will not work with you because you have no income what do you do?
Go bankrupt.
If you have credit debt and that institution files bankruptcy do you still have to repay?
Yes. The bankrupt institution will pass your debt to its creditors that it owed money to.
What is the status of subordinated debt?
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
Can a bankrupt company demand payment of debt?
Only if they cannot provide services to you that were paid for.
Who is responsible for a corporation debt?
the corporation
Is it true that the government will pay hecs debt after 3rd degree has been completed?
false
A person who is unable to pay his debt?
bankrupt
What does To be in Queer Street mean?
To be in debt or bankrupt
Who introduced HECS fees into Australia?
The Hawke Labor Government in 1989 introduced HECS fees into Australia.
What state has the biggest debt?
Ca. We are almost bankrupt.
How old does debt have to be to bankrupt it?
you cant put a debt in your bankruptcy that is less than 6 months old.
Can you stop saying that im bankrupt now?
no.
What does bankrupt mean in a sentence?
"Bankrupt" means that a person or organization is unable to pay their debts and is legally declared insolvent.
You owe about 45k on credit card debt and the debt relief agency will not work with you because you have no income what do you do?
Go bankrupt.
Are you allowed to travel overseas if im bankrupt?
probably
Can a landlord sue you for past debt on a lease if he went bankrupt on the property?
Sure can.
Does a lien hold if the company goes bankrupt?
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
