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OFFICE OF THE SUPERINTENDENT OF BANKRUPTCY

What is OSB in bankruptcy?
Office of the Superintendent of Bankruptcy._{4 déc. 2023}
What do AFSA do?
The Australian Financial Security Authority (AFSA) is an executive agency in the Attorney-General's portfolio.
We manage the application of bankruptcy laws and the personal property securities register within Australia.
Our work supports improved community and financial outcomes for consumers and business.
How does CCAA work?
A debtor company can use CCAA to reorganize its debts through a court-approved Plan of Agreement.
This course of action is beneficial for both the concerned parties.
Reorganizing the debts allow the troubled company to stay functional.
An official receiver manages at least the first stage of bankruptcies and companies wound up by a court.
For example, they: collect and protect assets for creditors after someone's been made bankrupt. find out the reasons for the insolvency.

4 déc. 2023 · The OSB is responsible for administration of the Bankruptcy and Insolvency Act (BIA), as well as certain duties under the Companies' Creditors For Licensed Insolvency · Ask the OSB a question · About the OSB · Student loansAutres questions

What is OSB in bankruptcy?